In response to Lok Sabha Unstarred Question No. 1012, the Ministry of Finance provided details regarding the Goods and Services Tax (GST) collected in different slabs (5%, 12%, 18%, and 28%) from 2017 onwards. While exact annual figures for each slab rate are not available, it is estimated that in the financial year 2023-24, the GST collection distribution was approximately 6-8% for 5%, 5-6% for 12%, 70-75% for 18%, and 13-15% for 28%. The 2017-18 estimates projected Rs. 0.22 lakh crores from the 5% slab, Rs. 1.76 lakh crores from the 12% slab, Rs. 2.9 lakh crores from the 18% slab, and Rs. 3.34 lakh crores from the 28% slab. However, detailed year-wise data by product category is not available due to the lack of mandatory four-digit HS codes. Additionally, data for services taxed at the standard 18% rate is also not accessible.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
LOK SABHA
UNSTARRED QUESTION NO.1012
TO BE ANSWERED ON MONDAY, DECEMBER 02, 2024 /AGRAHAYANA 11, 1946
(SAKA)
REVENUE FROM GST
1012. SHRI K SUDHAKARAN:
Will the Minister of FINANCE be pleased to state:
(a) the details of annual Goods and Services Tax (GST) collected in each slab rate (5%, 12%, 18%, and 28%) from the year 2017 onwards, year-wise;
(b) the details of the top 10 product categories based on GST collection for each year from 2017 onwards along with the revenue collected from each category; and
(c) the revenue collected from services taxed at the standard rate of 18% GST from the year 2017 onwards, year-wise?
ANSWER
MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI PAN KAJ CHAUDHARY)
(a): From the data collected from the tax payers through the returns, the amount of GST collected at different tax rate cannot be calculated. However, it is estimated that the proportion of GST collected (excluding Compensation Cess and other payments) under various tax slabs in the financial year 2023-24 is as follows:
| Rate Slab | Percentage (2023-24) |
| 5% | 6-8% |
| 12% | 5-6% |
| 18% | 70-75% |
| 28% | 13-15% |
| Others | 1-2% |
Moreover, as per GST Council Meeting dated 18-19th October, 2016, the amount of tax to be collected in 2017-18 was estimated as follows:
( Amount in Rs .Lakh Crores)
| Rate Slab | Tax Collected (2017-18) |
| 5% | 0.22## |
| 12% | 1.76 |
| 18% | 2.9 |
| 28% | 3.34 |
## Estimated at 6% rate
(b): The disaggregated product wise data is not available as HS Code beyond four digits is not mandatory.
(c): Such data is not available.
