The northeastern States have scripted a success story in the collection and devolution of the Goods and Services Tax (GST), Union Minister for Finance and Corporate Affairs Nirmala Sitharaman said, in Guwahati, on July 21.
“According to the 2023 RBI report on State finances, the eight northeast States have registered a compounded annual GST hike of 27.5%,” she said.
Ms. Sitharaman was speaking at the Investiture Ceremony for conferring the Presidential Award for ‘Specially Distinguished Record of Service’ to officers and staff of the Central Board of Indirect Taxes and Customs (CBIC).
