This is a little bit more complicated.
Concentrated sulfuric acid serves two purposes. First, as an acid it catalyzes the reaction. However, it also removes water from the HNO3/benzene pair, shifting reaction equilibrium to the right. In the process it gets more and more diluted and at some moment it is no longer able to catalyze the process. By definition catalyst is not consumed, obviously in this case it is not entirely true.