GST Revenue

Assam witnessed a 15 per cent growth in GST collection in June compared to the corresponding period a year ago, Finance Minister Jayanta Malla Baruah said on Saturday. The GST collection in June stood at Rs 1,437 crore as against Rs 1,255 crore in the same month last year. "June 2026, witnessed 15 per cent GST growth compared to June 2025, well above the national average of 9 per cent, placing Assam among the country's top performing major states. "Focused efforts to improve compliance, plug leakages, strengthen digital tax administration and widen the tax base are delivering encouraging results," Baruah said in a post on X. The GST collected in the first quarter from April to June was Rs 4,467 crore compared to Rs 3,026 crore during the corresponding period in 2025. Assam outperformed several larger states, including Maharashtra, Karnataka, Delhi, Haryana and West Bengal, officials said. ''We remain committed to transparent governance, robust revenue mobilisation and building a

Net GST revenue rose 3.3 per cent year-on-year in May, supported by strong import-linked collections, while adjusted gross revenue growth stood at 9 per cent

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Andhra Pradesh recorded GST revenue of Rs 7,653 crore in the first quarter of financial year 2023-24, an increase of 24 per cent over the corresponding quarter in 2022-23, officials said. They apprised Chief Minister Y S Jagan Mohan Reddy regarding this income during a review meeting on revenue generating departments, noting that this GST revenue is excluding compensation. Similarly, income from the registration department rose to Rs 2,794 crore until July 15 compared to Rs 2,292 crore generated in the previous fiscal, according to a press release issued by the state government on Monday. Officials informed the Chief Minister that registration services have begun in the villages where resurvey of lands has been completed with 5,000 registrations already taking place in the village secretariats, achieving a revenue of Rs 8 crore. According to officials, the Andhra Pradesh Mineral Development Corporation (APMDC) is earning more revenue from Mangampeta baryte reserves and Suliyari coa

Monthly GST collection is expected to average around Rs 1.50 lakh crore and it will be the new normal' in FY24 in view of concerted efforts to check evasion and bring new businesses within the GST net, Central Board of Indirect Taxes and Customs (CBIC) chief Vivek Johri said on Thursday. In an interview to PTI, Johri said the GST and Customs revenue collection numbers as given in Budget 2023-24 are realistic based on nominal GDP growth and import trends, respectively and the indirect tax collection target set for next fiscal will be achieved. Johri said CBIC has drawn up a strategy to augment GST mop-up by way of stricter audit and scrutiny of tax returns, enforcement action against fake billing and input tax credit claims. We will focus on increasing the taxpayer base. Even though the growth in taxpayer base has been quite good, we have more than doubled the number of taxpayers from the time we started GST, we feel there are some sectors which have much more potential to increase t

The CBIC issued circular clarifying guidelines on recovery proceedings for the period 2017-18 and 2018-19

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Mop-up increases 28% YoY in August to Rs 1.43 trillion; most big states see double-digit growth in collections

This ground report from Howrah talks about how the mid-sized and smaller players lost ground

The good news is the revenue shortfall of all the states have narrowed from FY21 level to FY22 level

While the twin deficit problem of widening fiscal and current account deficits has been spoken about, a third problem of widening deficit in the states also stares the Indian economy in the face

Bajaj expects the collections to break the Rs 1.4-trillion record

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Shortfall estimated at Rs 2.7 trn; Rs 1.1 trn may be met via cess collection

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The centre had set up a special window to borrow funds and pass on to the states for meeting the Rs 1.10 lakh crore GST revenue loss

So far, 21 states and 3 Union Territories have opted for the borrowing plan proposed by the Centre