Maharashtra collected the most GST of Rs 29,260 crore for December 2024, up 9 per cent from October 2023, according to official data released by the Government of India’s Goods and Services Tax Network. The next highest gross collections were from Karnataka (up 7 per cent Rs 12,256 crore), Tamil Nadu (up 11 per cent Rs 10,956 crore), and Haryana.
Haryana pushed Gujarat this time out of the top five GST collectors, with a whopping 28 per cent growth year-on-year to hit Rs 10,403 crore. In comparison, Gujarat saw GST revenue increase 4 per cent to Rs 10,279 crore.
Among the states and territories that posted the highest increase year-over-year in GST were Andaman and Nicobar Islands (up 72 per cent) and Sikkim (up 30 per cent), followed by Haryana.
The bigger slide for the month was in Lakshadweep, which halved to Rs 2 crore from last year’s Rs 4 crore. Anurachal Pradesh collections slid 27 per cent to Rs 70 crore.
Net GST revenue grew 8.6 per cent to around Rs 14.45 lakh crore for the year 2024. Out of this, Rs 11.39 lakh crore came from domestic input, while Rs 3.06 lakh crore came from customs.
For December alone, however, total net GST revenue only marginally lifted to 3.3 per cent to Rs 1.54 lakh crore. Gross GST revenue, however, rose 7.3 per cent to Rs 1.77 lakh crore for the month.
Seven-and-a-half years have passed since the introduction of the goods and services tax in India. Often cited as a significant economic reform in the country, GST brought goods and services taxes under one unified umbrella, replacing a varied set of state and central taxes and VAT. However, many states have time and again expressed their unhappiness with the system where the collection directly goes to the centre, and the state’s share is then paid back to each territory.
