GST collections: State topped collection in December, 2019

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Goods and Services Tax (GST) collections in December recorded an increase of 9 per cent on-year to Rs 1,03,184 crore indicating marginal rise in consumption. Since the concept of GST was implemented in 2017, it is the ninth time that the collection crossed one lakh crore mark in a month. In December 2019, almost all but two states and union territories witnessed growth. Overall GST collections from all the states saw an increase of 16 per cent to Rs 80,849 crore in December 2019. Maharashtra got the highest GST collections at Rs 16,530 crore in the month. The state had collected Rs 13,524 crore in the corresponding month of last fiscal.

Following Maharashtra, Karnataka’s GST collection was the second highest with the collection of Rs 6,886 crore, an uptick of 11 per cent. Gujarat too collected a substantial amount of GST at Rs 6,621 crore in December 2019. Arunachal Pradesh’s growth of GST collection was the highest, with the state more than doubling its tax collection, albeit on a very low base. The state ended up collecting Rs 58 crore in GST in December, up 124 per cent from the previous year.

Read More at: https://www.financialexpress.com/economy/gst-collections-check-which-state-topped-collection-in-december-how-much-tax-other-states-got/1811984/

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