November 2024 GST revenues of Gujarat 12% higher than November 2023
December 11, 2024
Gandhinagar: Gujarat’s Goods and Services Tax (GST) revenue has grown by 12 percent in November 2024 compared to the same month in 2023. According to the latest data from the Central government, the state’s GST revenue reached Rs. 12,192 crore in November 2024, up from Rs. 10,853 crore in November 2023. DeshGujarat
GST Gross and Net Collections as on 30/11/2024 (Amount in crores) | ||||||
Monthly | YTD | |||||
GST Collections | Nov-2023 | Nov-2024 | % Growth | Nov-2023 | Nov-2024 | % Growth |
A | B | C | D = C/B-1 | E | F | G = F/E-1 |
A.1. Domestic | B | D | E = D/C-1 | G | H | I = H/G-1 |
CGST | 30,420 | 34,141 | 2,46,265 | 2,71,514 | ||
SGST | 38,226 | 43,047 | 3,09,003 | 3,37,412 | ||
IGST | 47,810 | 50,093 | 3,58,901 | 4,02,056 | ||
CESS | 11,239 | 12,398 | 87,179 | 93,835 | ||
Gross Domestic Revenue | 1,27,695 | 1,39,678 | 9.4% | 10,01,348 | 11,04,817 | 10.3% |
A.2. Imports | ||||||
IGST | 39,198 | 41,736 | 3,23,039 | 3,44,260 | ||
CESS | 1,036 | 855 | 8,053 | 7,635 | ||
Gross Import Revenue | 40,234 | 42,591 | 5.9% | 3,31,092 | 3,51,894 | 6.3% |
A.3. Gross GST Revenue(A.1+A.2) | ||||||
CGST | 30,420 | 34,141 | 2,46,265 | 2,71,514 | ||
SGST | 38,226 | 43,047 | 3,09,003 | 3,37,412 | ||
IGST | 87,009 | 91,828 | 6,81,940 | 7,46,316 | ||
CESS | 12,274 | 13,253 | 95,231 | 1,01,469 | ||
Total Gross GST Revenue | 1,67,929 | 1,82,269 | 8.5% | 13,32,440 | 14,56,711 | 9.3% |
B.1. Domestic Refunds | ||||||
CGST | 2,952 | 2,326 | 20,454 | 21,743 | ||
SGST | 3,522 | 3,238 | 25,216 | 27,473 | ||
IGST | 5,797 | 4,373 | 36,847 | 35,709 | ||
CESS | 304 | 174 | 1,462 | 2,092 | ||
Refund – Domestic | 12,575 | 10,111 | -19.6% | 83,980 | 87,018 | 3.6% |
B.2. Export GST Refunds through ICEGATE | ||||||
IGST | 8,432 | 9,019 | 65,567 | 77,862 | ||
CESS | 136 | 129 | 1,196 | 1,215 | ||
Refund – Imports | 8,568 | 9,147 | 6.8% | 66,763 | 79,077 | 18.4% |
B.3. Total Refund (B.1+B.2) | ||||||
CGST | 2,952 | 2,326 | 20,454 | 21,743 | ||
SGST | 3,522 | 3,238 | 25,216 | 27,473 | ||
IGST | 14,229 | 13,392 | 1,02,415 | 1,13,571 | ||
CESS | 440 | 303 | 2,658 | 3,307 | ||
Total Refund | 21,143 | 19,259 | -8.9% | 1,50,743 | 1,66,095 | 10.2% |
C.1 Net Revenue Domestic (A.1 – B.1) | ||||||
CGST | 27,467 | 31,815 | – | 2,25,811 | 2,49,770 | |
SGST | 34,704 | 39,809 | – | 2,83,787 | 3,09,939 | |
IGST | 42,013 | 45,720 | – | 3,22,054 | 3,66,347 | |
CESS | 10,935 | 12,223 | – | 85,716 | 91,743 | |
Net Domestic Revenue | 1,15,120 | 1,29,567 | 12.5% | 9,17,368 | 10,17,799 | 10.9% |
C.2 Net Revenue Customs (GST) (A.2 – B.2) | ||||||
IGST | 30,766 | 32,717 | – | 2,57,471 | 2,66,398 | |
CESS | 900 | 727 | – | 6,857 | 6,420 | |
Net Customs Revenue | 31,666 | 33,444 | 5.6% | 2,64,328 | 2,72,817 | 3.2% |
C.3 Net Revenue (C.1+C.2)) | ||||||
CGST | 27,467 | 31,815 | 2,25,811 | 2,49,770 | ||
SGST | 34,704 | 39,809 | 2,83,787 | 3,09,939 | ||
IGST | 72,779 | 78,436 | 5,79,526 | 6,32,744 | ||
CESS | 11,835 | 12,950 | 92,573 | 98,162 | ||
Total Net GST Revenue | 1,46,786 | 1,63,010 | 11.1% | 11,81,697 | 12,90,616 | 9.2% |
Table 1: State-wise growth of GST Revenues during November, 20241 (Rs. in crore)
State/UT | Nov-23 | Nov-24 | Growth (%) |
Jammu and Kashmir | 469 | 586 | 25% |
Himachal Pradesh | 802 | 878 | 9% |
Punjab | 2,265 | 2,327 | 3% |
Chandigarh | 210 | 253 | 20% |
Uttarakhand | 1,601 | 1,824 | 14% |
Haryana | 9,732 | 9,900 | 2% |
Delhi | 5,347 | 6,311 | 18% |
Rajasthan | 4,682 | 4,622 | -1% |
Uttar Pradesh | 8,973 | 9,432 | 5% |
Bihar | 1,388 | 1,561 | 12% |
Sikkim | 234 | 356 | 52% |
Arunachal Pradesh | 92 | 71 | -23% |
Nagaland | 67 | 52 | -22% |
Manipur | 40 | 38 | -4% |
Mizoram | 33 | 38 | 16% |
Tripura | 83 | 98 | 18% |
Meghalaya | 163 | 144 | -12% |
Assam | 1,232 | 1,358 | 10% |
West Bengal | 4,915 | 5,206 | 6% |
Jharkhand | 2,633 | 2,950 | 12% |
Odisha | 4,295 | 4,704 | 10% |
Chhattisgarh | 2,936 | 2,897 | -1% |
Madhya Pradesh | 3,646 | 3,812 | 5% |
Gujarat | 10,853 | 12,192 | 12% |
Dadra and Nagar Haveli and Daman & Diu | 333 | 348 | 5% |
Maharashtra | 25,585 | 29,948 | 17% |
Karnataka | 11,970 | 13,722 | 15% |
Goa | 503 | 560 | 11% |
Lakshadweep | 0 | 5 | 1120% |
Kerala | 2,515 | 2,763 | 10% |
Tamil Nadu | 10,255 | 11,096 | 8% |
Puducherry | 228 | 229 | 0% |
Andaman and Nicobar Islands | 31 | 32 | 3% |
Telangana | 4,986 | 5,141 | 3% |
Andhra Pradesh | 4,093 | 3,699 | -10% |
Ladakh | 62 | 67 | 7% |
Other Territory | 222 | 172 | -22% |
Center Jurisdiction | 223 | 286 | 29% |
Grand Total | 127,695 | 139,678 | 9.38% |
1 Does not include GST on import of goods
Table-2: SGST & SGST portion of IGST settled to States/UTs till November, 2024 (Rs. in crore)
Pre-Settlement SGST | Post-Settlement SGST2 | |||||
State/UT | 2023-24 | 2024-25 | Growth | 2023-24 | 2024-25 | Growth |
Jammu and Kashmir | 1,960 | 2,013 | 3% | 5,367 | 5,932 | 11% |
Himachal Pradesh | 1,731 | 1,841 | 6% | 3,701 | 4,178 | 13% |
Punjab | 5,612 | 6,129 | 9% | 14,734 | 16,102 | 9% |
Chandigarh | 439 | 502 | 14% | 1,505 | 1,576 | 5% |
Uttarakhand | 3,625 | 3,915 | 8% | 5,586 | 6,275 | 12% |
Haryana | 13,415 | 15,468 | 15% | 23,134 | 26,246 | 13% |
Delhi | 10,340 | 11,847 | 15% | 21,037 | 24,028 | 14% |
Rajasthan | 11,348 | 12,017 | 6% | 25,699 | 28,658 | 12% |
Uttar Pradesh | 21,624 | 23,376 | 8% | 49,282 | 56,687 | 15% |
Bihar | 5,377 | 5,913 | 10% | 16,991 | 18,735 | 10% |
Sikkim | 321 | 264 | -18% | 677 | 646 | -5% |
Arunachal Pradesh | 418 | 361 | -14% | 1,276 | 1,188 | -7% |
Nagaland | 206 | 186 | -10% | 701 | 699 | 0% |
Manipur | 229 | 249 | 9% | 730 | 783 | 7% |
Mizoram | 182 | 189 | 4% | 634 | 633 | 0% |
Tripura | 335 | 352 | 5% | 1,037 | 1,139 | 10% |
Meghalaya | 394 | 407 | 3% | 1,103 | 1,187 | 8% |
Assam | 3,885 | 4,206 | 8% | 9,553 | 10,352 | 8% |
West Bengal | 15,600 | 16,025 | 3% | 28,042 | 30,737 | 10% |
Jharkhand | 5,866 | 5,776 | -2% | 8,116 | 9,327 | 15% |
Odisha | 10,626 | 11,723 | 10% | 15,515 | 17,253 | 11% |
Chhattisgarh | 5,398 | 5,692 | 5% | 8,831 | 10,143 | 15% |
Madhya Pradesh | 8,496 | 9,043 | 6% | 20,673 | 23,674 | 15% |
Gujarat | 27,671 | 30,000 | 8% | 41,545 | 48,096 | 16% |
Dadra and Nagar Have | 426 | 497 | 17% | 699 | 845 | 21% |
Maharashtra | 65,983 | 73,941 | 12% | 96,551 | 112,174 | 16% |
Karnataka | 26,713 | 29,514 | 10% | 48,766 | 54,922 | 13% |
Goa | 1,487 | 1,659 | 12% | 2,616 | 2,873 | 10% |
Lakshadweep | 16 | 6 | -60% | 69 | 70 | 2% |
Kerala | 9,171 | 9,743 | 6% | 20,623 | 21,792 | 6% |
Tamil Nadu | 27,046 | 30,282 | 12% | 42,472 | 51,430 | 21% |
Puducherry | 330 | 363 | 10% | 933 | 1,042 | 12% |
Andaman and Nicobar | 140 | 140 | 0% | 347 | 378 | 9% |
Telangana | 12,994 | 13,859 | 7% | 26,691 | 29,186 | 9% |
Andhra Pradesh | 9,291 | 9,613 | 3% | 20,952 | 21,998 | 5% |
Ladakh | 155 | 176 | 14% | 457 | 528 | 15% |
Other Territory | 156 | 125 | -20% | 822 | 554 | -33% |
Grand Total | 309,003 | 337,412 | 9% | 567,464 | 642,064 | 13% |
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
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