Gross GST revenue worth US$ 18.07 billion (Rs. 1,49,577 crores) has been collected in February 2023, which is 12% higher than GST revenues in the same month last year
- Press Information Bureau
- March 2, 2023
The gross goods and services tax GST revenue collected in the month of February 2023 is US$ 18.07 billion (Rs. 1,49,577 crores) of which Central Goods and Services Tax (CGST) is (Rs. 27,662 crores), States Goods and Services Tax (SGST) is US$ 4.21 billion (Rs. 34,915 crores), Integrated Goods and Services Tax (IGST) is US$ 9.07 billion (Rs. 75,069 crores), and Cess is US$ 1.44 billion (Rs. 11,931 crores).
The total revenue of the Centre and States after regular settlements in the month of February 2023 is US$ 7.4 billion (Rs. 62,432 crores) for CGST and US$ 7.7 billion (Rs. 63,969 crores) for the SGST.
It has been reported that the revenues for February 2023 are 12% more than the GST revenues in the same month last year, which was US$ 16.07 billion (Rs. 1,33,026 crores).
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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