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The Hindu
The Hindu
National
The Hindu Bureau

Karnataka placed second in collection of GST in India

GST Day will be celebrated in Belagavi on July 1 to mark completion of five years of Goods & Services Tax. GST@5: Saadhan, Desh ke Sarvangeen Vikas Ka is the theme adopted by the Central Board of Indirect Taxes for the event to be held in KLE Centenary hall.

At the all-India level, the Karnataka zone is placed second in collection of GST at ₹48,440 crore, next only to Mumbai zone. Within Karnataka, the Belagavi CGST Commissionerate collected revenue of ₹10,172 crore for the year 2021-22 as compared to ₹7,124 crore in the previous year, which constitutes an increase of 43%.

JSW Steel Ltd. is the highest GST paying unit in Karnataka, and had paid GST of ₹3,974 crore for the year 2021-22. The company has contributed the majority of revenue in Belagavi Commissionerate, which covers the districts of Belagavi, Dharwad, Gadag, Koppal, Vijayanagara, Ballari, Raichur, Yadgir, Gulbarga, Bidar, Vijayapura and Bagalkot.

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