{"id":24448,"date":"2023-05-01T18:40:59","date_gmt":"2023-05-01T13:10:59","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=24448"},"modified":"2025-08-04T15:24:28","modified_gmt":"2025-08-04T09:54:28","slug":"gst-collection-2023","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/gst-collection-2023\/","title":{"rendered":"GST Collection Break all earlier collection records in 2023"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69dc6da6d2cd3\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69dc6da6d2cd3\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/gst-collection-2023\/#GST_Collection_have_break_all_the_earlier_collection_records_in_April_2023\" title=\"GST Collection have break all the earlier collection records in April 2023\">GST Collection have break all the earlier collection records in April 2023<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/gst-collection-2023\/#Goods_and_Services_Tax_collections_jump_15_to_INR_168_trillion_in_Nov_2023_Finance_Ministry\" title=\"Goods and Services Tax collections jump 15% to INR 1.68 trillion in Nov 2023 : Finance Ministry \">Goods and Services Tax collections jump 15% to INR 1.68 trillion in Nov 2023 : Finance Ministry <\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/gst-collection-2023\/#GST_Milestones\" title=\"GST Milestones\">GST Milestones<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/gst-collection-2023\/#Gross_GST_Collection_from_FY_2017-18_July_17_to_March_18_to_FY_2024-25_till_November_2024\" title=\"Gross GST Collection from FY 2017-18 (July 17 to March 18) to FY 2024-25 (till November, 2024)\">Gross GST Collection from FY 2017-18 (July 17 to March 18) to FY 2024-25 (till November, 2024)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/gst-collection-2023\/#GST_Collections_for_July_2025\" title=\"GST Collections for July 2025\u00a0\">GST Collections for July 2025\u00a0<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/gst-collection-2023\/#GST_Collections_%E2%80%93_July_2025\" title=\"GST Collections \u2013 July 2025\">GST Collections \u2013 July 2025<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/gst-collection-2023\/#Revenue_Break-up\" title=\"Revenue Break-up:\">Revenue Break-up:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/gst-collection-2023\/#Component-wise_GST_Collection\" title=\"Component-wise GST Collection:\">Component-wise GST Collection:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/gst-collection-2023\/#GST_Refunds_Total_Refund_Issued_INR_27147_crore_Growth_in_Refunds_668_YoY\" title=\"GST Refunds: Total Refund Issued: INR 27,147 crore &amp;\u00a0Growth in Refunds: 66.8% YoY\">GST Refunds: Total Refund Issued: INR 27,147 crore &amp;\u00a0Growth in Refunds: 66.8% YoY<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-23351\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/09\/Implications-GST-on-pre-packaged-labelled-good..jpg\" alt=\"Implications GST on pre-packaged &amp; labelled good.\" width=\"1114\" height=\"624\" \/><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"GST_Collection_have_break_all_the_earlier_collection_records_in_April_2023\"><\/span><span style=\"color: #000080;\"><strong>GST Collection have break all the earlier collection records in April 2023<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>GST collection in April 2023 is expected to break all previous records. More than 9 crore E-way bills were generated in March, which is the highest number ever. Moreover Because of the strictness of compliance and the fact that it is the last month of the financial year, the expectation of a substantial collection has grown. A record 1.67 lakh crore collection was achieved in April of last year, and around 7.81 crore E-way bills were generated at the time.<\/li>\n<li>In March 2023, the Govt expects to receive Rs 1,60,122 crore in gross GST revenue. This is the second-highest collection ever, trailing only the collection from April 2022. For the 12th consecutive month, monthly GST revenue collections exceeded Rs 1.4 lakh crore in FY23.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-24446\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/12\/GST-collection-.png\" alt=\"GST collection April 2023\" width=\"869\" height=\"528\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/12\/GST-collection-.png 647w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/12\/GST-collection--300x182.png 300w\" sizes=\"(max-width: 869px) 100vw, 869px\" \/><\/p>\n<ul>\n<li>GST Dept declared in the month of March 2023 That, GST dept will soon begin analyzing Income tax return filed of businesses and professionals, Same will be check with MCA filings to determine whether the entities are adequately discharging their GST Tax liability to catch tax evaders.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Goods_and_Services_Tax_collections_jump_15_to_INR_168_trillion_in_Nov_2023_Finance_Ministry\"><\/span><span style=\"color: #000080;\"><strong>Goods and Services Tax collections jump 15% to INR 1.68 trillion in Nov 2023 : Finance Ministry <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Goods and Services Tax revenue collected in the month of Nov 2023 is\u00a0INR 1,67,929 Cr\u00a0out of which Central Goods and Services Tax is\u00a0INR 30,420 Cr,\u00a0State Goods and Services Tax is\u00a0INR 38,226 Cr,\u00a0Integrated Goods and Services Tax. is\u00a0INR 87,009 Cr\u00a0(including INR 39,198 Cr collected on import of goods) and\u00a0Cess is\u00a0INR 12,274 Cr\u00a0(including INR 1,036 Cr collected on import of goods).<\/li>\n<li>RJA Partner Swatantra Kumar Singh said It is the 6<sup>th<\/sup> time that Gross Goods and Services Tax collection has crossed the Rs 1.60 lakh crore mark in the current fiscal year,<\/li>\n<li>higher Goods and Services Tax revenues are primarily due to increased domestic activity, Festive season previous month &amp; increased tax administration. Increased Goods and Services Tax collections in Mizoram, Tripura, Ladakh, Arunachal Pradesh, Nagaland, etc indicate a rise in consumption in these parts of the country, Swatantra Kumar singh added.<\/li>\n<li>No can be said to be an indicator of a stable Indian economy as we see a 20% increase in domestic transactions compared to same month previous year,&#8221; RJA Partner Swatantra Kumar singh said.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"GST_Milestones\"><\/span><span style=\"color: #000080;\">GST Milestones<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-25911\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/GST-2023-.jpg\" alt=\"\" width=\"899\" height=\"672\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/GST-2023-.jpg 601w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/GST-2023--300x224.jpg 300w\" sizes=\"(max-width: 899px) 100vw, 899px\" \/><\/p>\n<ul>\n<li>The number of registered taxpayers has increased to 1.4 crore from 65 lakh in the first phase, a notable over 100% rise in the last six years. In the first year of the GST in 2017\u201318, monthly revenue was approximately Rs 0.9 lakh crore; by November 2023, average collection was Rs 1.66 lakh crore.<\/li>\n<li>Gross Goods and Services Tax Revenue collected in the month of Dec, 2023 is Rs. 1,64,882 Cr out of which Central goods and services tax is Rs. 30,443 Cr, State Goods and services tax is Rs. 37,935 Cr, Integrated Goods and Services Tax is Rs. 84,255 Cr (including Rs. 41,534 Cr collected on import of goods) &amp; Cess is Rs. 12,249 Cr (including Rs. 1,079 Cr collected on import of goods).<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-27612\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/GST-collection.jpg\" alt=\"GST collection sept 2024\" width=\"1280\" height=\"1179\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/GST-collection.jpg 1280w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/GST-collection-300x276.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/GST-collection-1024x943.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/GST-collection-768x707.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/GST-collection-800x737.jpg 800w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gross_GST_Collection_from_FY_2017-18_July_17_to_March_18_to_FY_2024-25_till_November_2024\"><\/span><span style=\"color: #000080;\"><strong>Gross GST Collection from FY 2017-18 (July 17 to March 18) to FY 2024-25 (till November, 2024)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-28048\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/Gross-GST-Collection-from-FY-2017-18-July-17-to-March-18-to-FY-2024-25-till-November-2024.jpg\" alt=\"Gross GST Collection from FY 2017-18 (July 17 to March 18) to FY 2024-25 (till November, 2024)\" width=\"1280\" height=\"882\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/Gross-GST-Collection-from-FY-2017-18-July-17-to-March-18-to-FY-2024-25-till-November-2024.jpg 1280w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/Gross-GST-Collection-from-FY-2017-18-July-17-to-March-18-to-FY-2024-25-till-November-2024-300x207.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/Gross-GST-Collection-from-FY-2017-18-July-17-to-March-18-to-FY-2024-25-till-November-2024-1024x706.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/Gross-GST-Collection-from-FY-2017-18-July-17-to-March-18-to-FY-2024-25-till-November-2024-768x529.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/05\/Gross-GST-Collection-from-FY-2017-18-July-17-to-March-18-to-FY-2024-25-till-November-2024-800x551.jpg 800w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<h2 data-start=\"0\" data-end=\"98\"><span class=\"ez-toc-section\" id=\"GST_Collections_for_July_2025\"><\/span><span style=\"color: #000080;\"><strong data-start=\"51\" data-end=\"84\">GST Collections for July 2025<\/strong>\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"105\" data-end=\"140\"><span class=\"ez-toc-section\" id=\"GST_Collections_%E2%80%93_July_2025\"><\/span>GST Collections \u2013 July 2025<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul data-start=\"142\" data-end=\"283\">\n<li data-start=\"142\" data-end=\"187\">\n<p data-start=\"144\" data-end=\"187\">Gross GST Collection: INR 1,95,735 crore<\/p>\n<\/li>\n<li data-start=\"188\" data-end=\"247\">\n<p data-start=\"190\" data-end=\"247\">Net GST Collection (after refunds): INR 1,68,588 crore<\/p>\n<\/li>\n<li data-start=\"248\" data-end=\"283\">\n<p data-start=\"250\" data-end=\"283\">Year-on-Year Growth: 7.5%<\/p>\n<\/li>\n<\/ul>\n<h4 data-start=\"285\" data-end=\"311\"><span class=\"ez-toc-section\" id=\"Revenue_Break-up\"><\/span>Revenue Break-up:<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul data-start=\"312\" data-end=\"464\">\n<li data-start=\"312\" data-end=\"354\">\n<p data-start=\"314\" data-end=\"354\">Domestic Revenues: INR 1,43,023 crore<\/p>\n<\/li>\n<li data-start=\"355\" data-end=\"464\">\n<p data-start=\"357\" data-end=\"393\">Import Revenues: INR 52,712 crore<\/p>\n<ul data-start=\"396\" data-end=\"464\">\n<li data-start=\"396\" data-end=\"430\">\n<p data-start=\"398\" data-end=\"430\">IGST on imports: INR 51,626 crore<\/p>\n<\/li>\n<li data-start=\"433\" data-end=\"464\">\n<p data-start=\"435\" data-end=\"464\">Cess on imports: INR 1,086 crore<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h4 data-start=\"466\" data-end=\"505\"><span class=\"ez-toc-section\" id=\"Component-wise_GST_Collection\"><\/span>Component-wise GST Collection:<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul data-start=\"506\" data-end=\"617\">\n<li data-start=\"506\" data-end=\"533\">\n<p data-start=\"508\" data-end=\"533\">CGST: INR 35,470 crore<\/p>\n<\/li>\n<li data-start=\"534\" data-end=\"561\">\n<p data-start=\"536\" data-end=\"561\">SGST: INR 44,059 crore<\/p>\n<\/li>\n<li data-start=\"562\" data-end=\"591\">\n<p data-start=\"564\" data-end=\"591\">IGST: INR 1,03,536 crore<\/p>\n<\/li>\n<li data-start=\"592\" data-end=\"617\">\n<p data-start=\"594\" data-end=\"617\">Cess: INR 12,670 crore<\/p>\n<\/li>\n<\/ul>\n<h4 data-start=\"619\" data-end=\"636\"><span class=\"ez-toc-section\" id=\"GST_Refunds_Total_Refund_Issued_INR_27147_crore_Growth_in_Refunds_668_YoY\"><\/span>GST Refunds: Total Refund Issued: INR 27,147 crore &amp;\u00a0Growth in Refunds: 66.8% YoY<span class=\"ez-toc-section-end\"><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>GST Collection have break all the earlier collection records in April 2023 GST collection in April 2023 is expected to break all previous records. More than 9 crore E-way bills were generated in March, which is the highest number ever. Moreover Because of the strictness of compliance and the fact that it is the last &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10020],"tags":[6375,6398],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/24448"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=24448"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/24448\/revisions"}],"predecessor-version":[{"id":29617,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/24448\/revisions\/29617"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=24448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=24448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=24448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}