Summary: The GST collections for August 2024 showed significant growth, with gross revenue increasing by 10% compared to August 2023. The total gross GST revenue for the month amounted to ₹1,74,962 crores, up from ₹1,59,069 crores in the same period last year. This increase is driven by both domestic and import revenues, which saw growth rates of 9.2% and 12.1%, respectively. Net GST revenue, after adjusting for refunds, also grew by 6.5%, reaching ₹1,50,501 crores. Domestic revenue components, including CGST, SGST, IGST, and CESS, all experienced positive growth, contributing to an overall increase in the year-to-date (YTD) revenue collections by 10.2%, reaching ₹8,06,475 crores. State-wise data reveals that most states observed growth in GST collections, with Maharashtra, Karnataka, and Uttar Pradesh among the top contributors. However, a few states, including Arunachal Pradesh, Nagaland, and Chhattisgarh, saw a decline in their collections compared to August 2023. The figures provided are provisional and may be subject to final adjustments.
Sep 1st, 2024
Please click on the link below to view the gross and net GST revenue collections for the month of Aug, 2024.
(https://tutorial.gst.gov.in/downloads/news/revenue_report_aug24.pdf )
Thanks,
Team GSTN
| GST Gross and Net Collections (Amount in crores) — August 2024 | ||||||
| Monthly | YTD | |||||
| GST Collections | Aug 2023 | Aug 2024 | % Growth | Aug 2023 | Aug 2024 | % Growth |
| A | B | C | D = C/B-1 | E | F | G = F/E-1 |
| A.1. Domestic | ||||||
| CGST | 28,328 | 30,862 | 1,55,965 | 1,72,130 | ||
| SGST | 35,794 | 38,411 | 1,94,949 | 2,13,219 | ||
| IGST | 39,701 | 44,593 | 2,19,426 | 2,50,999 | ||
| CESS | 10,679 | 11,120 | 54,046 | 58,691 | ||
| Gross Domestic Revenue | 1,14,503 | 1,24,986 | 9.2% | 6,24,385 | 6,95,038 | 11.3% |
| A.2. Imports | ||||||
| IGST | 43,550 | 49,028 | 2,00,568 | 2,13,783 | ||
| CESS | 1,016 | 948 | 4,842 | 5,034 | ||
| Gross Import Revenue | 44,566 | 49,976 | 12.1% | 2,05,411 | 2,18,817 | 6.5% |
| A.3. Gross GST Revenue(A.1+A.2) | ||||||
| CGST | 28,328 | 30,862 | 1,55,965 | 1,72,130 | ||
| SGST | 35,794 | 38,411 | 1,94,949 | 2,13,219 | ||
| IGST | 83,251 | 93,621 | 4,19,994 | 4,64,782 | ||
| CESS | 11,695 | 12,068 | 58,888 | 63,725 | ||
| Total Gross GST Revenue | 1,59,069 | 1,74,962 | 10.0% | 8,29,796 | 9,13,855 | 10.1% |
| B.1.Domestic Refunds | ||||||
| CGST | 2,339 | 3,618 | 13,544 | 14,287 | ||
| SGST | 2,881 | 4,405 | 16,681 | 17,884 | ||
| IGST | 3,593 | 5,826 | 24,349 | 22,475 | ||
| CESS | 147 | 449 | 887 | 1,386 | ||
| Refund – Domestic | 8,961 | 14,298 | 59.6% | 55,461 | 56,032 | 1.0% |
| B.2.Export IGST Refunds | ||||||
| IGST | 8,623 | 10,074 | 41,465 | 50,658 | ||
| CESS | 140 | 88 | 726 | 690 | ||
| Refund – Exports | 8,762 | 10,162 | 16.0% | 42,190 | 51,348 | 21.7% |
| B.3.Total Refund (B.1+B.2) | ||||||
| CGST | 2,339 | 3,618 | 13,544 | 14,287 | ||
| SGST | 2,881 | 4,405 | 16,681 | 17,884 | ||
| IGST | 12,216 | 15,901 | 65,814 | 73,133 | ||
| CESS | 287 | 537 | 1,613 | 2,075 | ||
| Total Refund | 17,723 | 24,460 | 38.0% | 97,651 | 1,07,380 | 10.0% |
| C.1 Net Revenue Domestic (A.1 – B.1) | ||||||
| CGST | 25,989 | 27,244 | 1,42,422 | 1,57,843 | ||
| SGST | 32,913 | 34,006 | 1,78,267 | 1,95,334 | ||
| IGST | 36,108 | 38,767 | 1,95,077 | 2,28,524 | ||
| CESS | 10,532 | 10,671 | 53,159 | 57,305 | ||
| Net Domestic Revenue | 1,05,542 | 1,10,688 | 4.9% | 5,68,924 | 6,39,006 | 12.3% |
| C.2 Net IGST Revenue (A.2 – B.2) | ||||||
| IGST | 34,928 | 38,954 | 1,59,103 | 1,63,125 | ||
| CESS | 876 | 860 | 4,117 | 4,344 | ||
| Net IGST Revenue | 35,804 | 39,814 | 11.2% | 1,63,220 | 1,67,470 | 2.6% |
| C.3 Net Revenue (C.1+C.2)) | ||||||
| CGST | 25,989 | 27,244 | 1,42,422 | 1,57,843 | ||
| SGST | 32,913 | 34,006 | 1,78,267 | 1,95,334 | ||
| IGST | 71,036 | 77,720 | 3,54,180 | 3,91,649 | ||
| CESS | 11,408 | 11,531 | 57,275 | 61,649 | ||
| Total Net GST Revenue | 1,41,346 | 1,50,501 | 6.5% | 7,32,144 | 8,06,475 | 10.2% |
Note :
The above numbers are provisional and the actuals number may have slightly vary on finalisation
Table 1: State-wise growth of GST Revenues during August, 20241
| State/UT | Aug-23 | Aug-24 | Growth (%) |
| Jammu and Kashmir | 523 | 569 | 9% |
| Himachal Pradesh | 725 | 827 | 14% |
| Punjab | 1,813 | 1,936 | 7% |
| Chandigarh | 192 | 244 | 27% |
| Uttarakhand | 1,353 | 1,351 | 0% |
| Haryana | 7,666 | 8,623 | 12% |
| Delhi | 4,620 | 5,635 | 22% |
| Rajasthan | 3,626 | 3,820 | 5% |
| Uttar Pradesh | 7,468 | 8,269 | 11% |
| Bihar | 1,379 | 1,491 | 8% |
| Sikkim | 319 | 326 | 2% |
| Arunachal Pradesh | 82 | 74 | -10% |
| Nagaland | 51 | 42 | -18% |
| Manipur | 40 | 56 | 38% |
| Mizoram | 32 | 28 | -13% |
| Tripura | 78 | 85 | 9% |
| Meghalaya | 189 | 155 | -18% |
| Assam | 1,148 | 1,353 | 18% |
| West Bengal | 4,800 | 5,077 | 6% |
| Jharkhand | 2,721 | 2,850 | 5% |
| Odisha | 4,408 | 4,878 | 11% |
| Chhattisgarh | 2,896 | 2,611 | -10% |
| Madhya Pradesh | 3,064 | 3,438 | 12% |
| Gujarat | 9,765 | 10,344 | 6% |
| Dadra and Nagar Haveli and Daman & Diu | 325 | 320 | -1% |
| Maharashtra | 23,282 | 26,367 | 13% |
| Karnataka | 11,116 | 12,344 | 11% |
| Goa | 509 | 531 | 4% |
| Lakshadweep | 3 | 2 | -44% |
| Kerala | 2,306 | 2,511 | 9% |
| Tamil Nadu | 9,475 | 10,181 | 7% |
| Puducherry | 231 | 234 | 1% |
| Andaman and Nicobar Islands | 21 | 27 | 29% |
| Telangana | 4,393 | 4,569 | 4% |
| Andhra Pradesh | 3,479 | 3,298 | -5% |
| Ladakh | 27 | 33 | 23% |
| Other Territory | 184 | 199 | 8% |
| Center Jurisdiction | 193 | 288 | 49% |
| Grand Total | 1,14,503 | 1,24,986 | 9% |
Table-2: SGST & SGST portion of IGST settled to States/UTs till August, 2024 (Rs. in crore)
| State/UT | Aug-23 | Pre-Settlement
Aug-24 |
SGST
Growth |
Aug-23 | Post-Settlement
Aug-24 |
SGST2
Growth |
| Jammu and Kashmir | 1,284 | 1,289 | 0% | 3,457 | 3,717 | 8% |
| Himachal Pradesh | 1,130 | 1,172 | 4% | 2,415 | 2,604 | 8% |
| Punjab | 3,555 | 3,890 | 9% | 9,052 | 9,464 | 5% |
| Chandigarh | 284 | 316 | 11% | 929 | 950 | 2% |
| Uttarakhand | 2,202 | 2,507 | 14% | 3,444 | 3,880 | 13% |
| Haryana | 8,304 | 9,664 | 16% | 14,403 | 16,251 | 13% |
| Delhi | 6,430 | 7,342 | 14% | 13,300 | 14,804 | 11% |
| Rajasthan | 7,167 | 7,569 | 6% | 16,060 | 17,479 | 9% |
| Uttar Pradesh | 13,552 | 15,146 | 12% | 30,822 | 35,512 | 15% |
| Bihar | 3,444 | 3,768 | 9% | 10,723 | 11,768 | 10% |
| Sikkim | 237 | 165 | -31% | 486 | 410 | -16% |
| Arunachal Pradesh | 306 | 263 | -14% | 882 | 811 | -8% |
| Nagaland | 131 | 125 | -5% | 455 | 451 | -1% |
| Manipur | 148 | 181 | 23% | 486 | 537 | 11% |
| Mizoram | 132 | 138 | 5% | 425 | 428 | 1% |
| Tripura | 223 | 227 | 2% | 667 | 739 | 11% |
| Meghalaya | 269 | 268 | 0% | 737 | 772 | 5% |
| Assam | 2,458 | 2,709 | 10% | 6,085 | 6,494 | 7% |
| West Bengal | 10,062 | 10,313 | 2% | 17,637 | 18,825 | 7% |
| Jharkhand | 3,824 | 3,719 | -3% | 5,152 | 5,845 | 13% |
| Odisha | 6,870 | 7,816 | 14% | 9,218 | 11,156 | 21% |
| Chhattisgarh | 3,505 | 3,674 | 5% | 5,484 | 6,162 | 12% |
| Madhya Pradesh | 5,334 | 5,783 | 8% | 13,139 | 14,906 | 13% |
| Gujarat | 17,439 | 18,925 | 9% | 26,870 | 29,423 | 10% |
| Dadra and Nagar Haveli and Da | d 268 Di | 317 | 18% | 471 | 517 | 10% |
| Maharashtra | 42,053 | 46,588 | 11% | 61,783 | 69,274 | 12% |
| Karnataka | 16,628 | 18,631 | 12% | 30,369 | 33,330 | 10% |
| Goa | 945 | 1,068 | 13% | 1,670 | 1,770 | 6% |
| Lakshadweep | 14 | 3 | -82% | 56 | 39 | -31% |
| Kerala | 5,819 | 6,034 | 4% | 13,080 | 13,252 | 1% |
| Tamil Nadu | 16,638 | 18,535 | 11% | 26,767 | 31,338 | 17% |
| Puducherry | 204 | 225 | 10% | 625 | 599 | -4% |
| Andaman and Nicobar Islands | 99 | 95 | -4% | 229 | 257 | 12% |
| Telangana | 7,909 | 8,437 | 7% | 16,466 | 17,664 | 7% |
| Andhra Pradesh | 5,905 | 6,147 | 4% | 12,914 | 13,797 | 7% |
| Ladakh | 79 | 90 | 13% | 239 | 270 | 13% |
| Other Territory | 95 | 80 | -15% | 545 | 372 | -32% |
| Grand Total | 194,949 | 213,219 | 9% | 357,542 | 395,867 | 11% |
Notes:-
1Does not include GST on import of goods
2 Post-Settlement GST is cumulative of the GST revenues of the States/UTs and the SGST portion of the IGST settled to the States/UTs
