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GST collection for August 2021

New Delhi | Ministry of Finance | 1st September 2021:

The gross GST revenue collected in the month of August 2021 is ₹ 1,12,020 crore of which CGST is ₹ 20,522 crore, SGST is ₹ 26,605 crore, IGST is ₹ 56,247 crore (including ₹ 26,884 crore collected on import of goods) and Cess is ₹ 8,646 crore (including ₹ 646 crore collected on import of goods).

The government has settled ₹ 23,043 crore to CGST and ₹ 19,139 crore to SGST from IGST as regular settlement. In addition, Centre has also settled ₹ 24,000 crore as IGST ad-hoc settlement in the ratio of 50:50 between Centre and States/UTs. The total revenue of Centre and the States after regular and ad-hoc settlements in the month of August’ 2021 is ₹ 55,565 crore for CGST and ₹ 57,744 crore for the SGST.

The revenues for the month of August 2021 are 30% higher than the GST revenues in the same month last year. During the month, the revenues from domestic transaction (including import of services) are 27% higher than the revenues from these sources during the same month last year. Even as compared to the August revenues in 2019-20 of ₹ 98,202 crore, this is a growth of 14%.

GST collection, after posting above Rs. 1 lakh crore mark for nine months in a row, dropped below Rs. 1 lakh crore in June 2021 due to the second wave of covid. With the easing out of COVID restrictions, GST collection for July and August 2021 have again crossed ₹1 lakh crore, which clearly indicates that the economy is recovering at a fast pace. Coupled with economic growth, anti-evasion activities, especially action against fake billers have also been contributing to the enhanced GST collections. The robust GST revenues are likely to continue in the coming months too.

The table shows the state-wise figures of GST collected in each State during the month of August 2021 as compared to August 2020.

 

State-wise growth of GST Revenues during August 2021

 

State

August-20

August-21

% growth

1

Jammu and Kashmir

326

392

20%

 

2

Himachal Pradesh

597

704

18%

 

3

Punjab

1,139

1,414

24%

 

4

Chandigarh

139

144

4%

 

5

Uttarakhand

1,006

1,089

8%

 

6

Haryana

4,373

5,618

28%

 

7

Delhi

2,880

3,605

25%

 

8

Rajasthan

2,582

3,049

18%

 

9

Uttar Pradesh

5,098

5,946

17%

 

10

Bihar

967

1,037

7%

 

11

Sikkim

147

219

49%

 

12

Arunachal Pradesh

35

53

52%

 

13

Nagaland

31

32

2%

 

14

Manipur

26

45

71%

 

15

Mizoram

12

16

31%

 

16

Tripura

43

56

30%

 

17

Meghalaya

108

119

10%

 

18

Assam

709

959

35%

 

19

West Bengal

3,053

3,678

20%

 

20

Jharkhand

1,498

2,166

45%

 

21

Odisha

2,348

3,317

41%

 

22

Chhattisgarh

1,994

2,391

20%

 

23

Madhya Pradesh

2,209

2,438

10%

 

24

Gujarat

6,030

7,556

25%

 

25

Daman and Diu

70

1

-99%

 

26

Dadra and Nagar Haveli

145

254

74%

 

27

Maharashtra

11,602

15,175

31%

 

29

Karnataka

5,502

7,429

35%

 

30

Goa

213

285

34%

 

31

Lakshadweep

0

1

220%

 

32

Kerala

1,229

1,612

31%

 

33

Tamil Nadu

5,243

7,060

35%

 

34

Puducherry

137

156

14%

 

35

Andaman and Nicobar Islands

13

20

58%

 

36

Telangana

2,793

3,526

26%

 

37

Andhra Pradesh

1,955

2,591

33%

 

38

Ladakh

5

14

213%

 

97

Other Territory

180

109

-40%

 

99

Center Jurisdiction

161

214

33%

 

 

Grand Total

66,598

84,490

27%

 

 


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