State registers 14% growth in GST revenue during October
The Hindu
GST growth less than 24% registered at the national level
The State has registered 14% growth in the revenue through Goods and Services Tax (GST) during October.
The GST revenue during the month was pegged at ₹3,854 crore as against ₹3,383 crore registered during the corresponding month of the previous financial year. The growth is however less when compared with the 24% growth registered at the national level during the same period.
According to a Finance Ministry release, gross GST collection during October stood at ₹1.3 lakh crore, which is the second highest collection in a month since the implementation of the GST. Neighbouring Andhra Pradesh registered GST revenue growth of 16% while Gujarat reported 25% growth, Maharashtra - 23% and Karnataka - 18%.
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