May 2, 2023
State Goods and Services Tax (SGST) INR 47,412 crore
Central Goods and Services Tax (CGST) was INR 38,440
State Goods and Services Tax (SGST) is INR 47,412 crore
Compared to April last year, the revenue from domestic transactions (including import of services) in April 2023 increased by 16%
GST collection increased by 12% in April 2023 to INR 1.87 trillion in April 2023, the highest monthly mop-up since the rollout of the indirect tax regime.
Out of the total GST revenue of INR 1,87,035 crore collected in April 2023, CGST is INR 38,440 crore, SGST is INR 47,412 crore, Integrated Goods and Services Tax (IGST) is INR 89,158 crore (including INR 34,972 crore collected on imports), and cess is INR 12,025 crore (including INR 901 crore collected on imports).
The government has settled INR 45,864 crore to CGST and INR 37,959 crore to SGST from IGST. After regular settlement, the total revenue for the CGST and SGST for April 2023 is INR 84,304 crore and INR 85,371 crore, respectively.
Compared to April last year, the revenue from domestic transactions (including import of services) in April 2023 increased by 16%, while the total GST revenue increased by 12%.
In addition, for the first time, the gross GST collection has exceeded INR 1.75 trillion. The number of e-way bills generated in March 2023 was 9.0 crore, which is 11% higher than the 8.1 crore generated in February 2023.
On April 20, 2023, the highest-ever tax collection on a single day was recorded, with INR 68,228 crore paid through 9.8 lakh transactions. Last year, on the same date, the highest single-day payment was INR 57,846 crore through almost a million transactions.
Source: Mint