Wait...
  1. Home >
  2. Export Import News >
  3. GST News >
  4. North eastern states witness over 30 per cent growth in April-July GST collection >
  5. North eastern states witness over 30 per cent growth in April-July GST collection

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

North eastern states witness over 30 per cent growth in April-July GST collection.


Date: 16-08-2019
Subject: North eastern states witness over 30 per cent growth in April-July GST collection
North eastern states registered over 30 per cent growth in GST collection during the first four months of the current fiscal 2019-20, much more than the increase witnessed in larger manufacturing states. Growth in Goods and Services Tax (GST) collection recorded by most of the seven sister states is over three times the national average of 9 per cent. In absolute terms, the total tax collection during April-July of this fiscal year rose to Rs 3.56 lakh crore, as per the data accessed by PTI.

Among the north eastern states, Nagaland registered highest growth of 39 per cent at Rs 393 crore during April-July period, the data revealed. It was followed by Arunachal Pradesh with 35 per cent growth at Rs 514 crore and Sikkim with 32 per cent increase to Rs 370 crore. While Meghalaya clocked a growth of 30 per cent in GST collection at Rs 680 crore, Mizoram’s growth was a tad lower at 27 per cent with Rs 350 crore collection.


The laggard states of Tripura and Manipur too registered 16 per cent growth, more than double of large industrial states like Maharashtra, Haryana and Gujarat. Out of 37 states and union territories, Delhi, Lakshadweep and Puducherry registered de-growth of 2 per cent, 17 per cent and 8 per cent respectively. GST collection of Delhi declined to Rs 12,700 crore during April-July 2019, compared with a little under Rs 13,000 crore a year ago.

According to experts, Delhi has been adversely hit as the tax arbitrage on central sales tax (CST) has ended. In the past, Delhi imposed a lower CST of 1 per cent, prompting many companies to ship goods from the union territory by locating their offices here. Big states like Maharashtra and Gujarat recorded a single-digit growth of 6 per cent in GST collection. Punjab clocked 7 per cent growth, while Haryana’s growth was at 9 per cent.

Tamil Nadu and Karnataka recorded 10 per cent and 11 per cent growth in GST collections, respectively. In contrast, consuming states like Bihar, Odisha, Uttar Pradesh and Madhya Pradesh are faring better than the industrial states with double-digit growth

Source: economictimes.indiatimes.com


Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 08-02-2020
Notification No. 08/2020-Customs
Seeks to exempt specified goods from Health Cess imposed on the medical devices falling under heading 9018 to 9022 in terms of clause 139 of the Finance Bill, 2020.

Date: 06-02-2020
Notification No.11/2020 - Customs (N.T.)
Exchange Rates Notification No.11/2020-Custom (NT) dated 06.02.2020

Date: 03-02-2020
Notification No. 11/2020-Customs (N.T./CAA/EXTENSION/DRI)
Appointment of CAA by DGRI

Date: 03-02-2020
Notification No. 12/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI

Date: 02-02-2020
Notification No. 06/2020 – Customs
Seeks to further amend notification No. 24/2005-Customs, dated the 1st March, 2005 so as to exclude copper and articles thereof from the exemption provided to raw materials use for manufacturing of ITA goods specified therein the notification

Date: 02-02-2020
Notification No. 07/2020 – Customs
Seeks to further amend notification No. 25/2005-Customs, dated the 1st March, 2005 so as to exclude copper and articles thereof from the exemption provided to raw materials use for manufacturing of ITA goods specified therein the notification.

Date: 02-02-2020
Notification No. 09/2020-Customs (N.T.)
Appointment of CAA by DGRI

Date: 02-02-2020
Notification No. 09/2020-Customs (N.T.)
Seeks to further amend Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 to change the anti-circumvention provision and make certain other miscellaneous changes.

Date: 02-02-2020
Notification No.10/2020-Customs (N.T.)
Seeks to further amend Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidised Articles and for Determination of Injury) Rules, 1995 to introduce anti-circumvention provisions in these rules and make certain other miscellaneous changes.

Date: 02-02-2020
Notification No. 08/2020-Customs
Seeks to exempt specified goods from Health Cess imposed on the medical devices falling under heading 9018 to 9022 in terms of clause 139 of the Finance Bill, 2020.



Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001