In the month of February 2023, gross goods and services tax (GST) revenue was US$18.07 billion. States Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST), and Cess total US$ 9.07 billion, US$ 4.21 billion, and US$ 1.44 billion, respectively.
After regular settlements, the Center and States will have earned a combined amount of $7.4 billion for the CGST and $7.7 billion for the SGST in the month of February 2023.
According to reports, February 2023’s income will be 12% higher than the US$ 16.07 billion in GST receipts from the same month in the previous year.
