Goods and Services Tax (GST) collection in September has recorded a 27% growth in the State over the previous September, continuing a trend in tax collection in the post-COVID 19 environment. Data released by the Union Finance Ministry on Saturday put the GST revenue for September this year at ₹2,246 crore. The collection in September 2021 had stood at ₹1,764 crore.
The collection for September pertains to the consumption of goods and services in August. As the fiscal reaches the halfway point, the State has clocked an encouraging year-on-year rise in GST revenues, even as the State government harbours serious concerns about the impact of Central policies on the State's financial health.
Collection in April had stood at ₹2,689 crore, a 9% growth over the previous April. The collection for May stood at ₹2,064 crore (80% increase over May 2021), ₹2,161 crore in June (116% increase over previous June), and ₹2,161 crore (29% growth) in July. August 2022 recorded a 26% increase over the previous August with the collection standing at ₹2,036 crore.
