UP's tax net shrinks 30% to Rs 8,169 cr in first three months of GST

Tac officials, however, remain hopeful of a turnaround; revision in GST rates to help increase tax collections

Tax collection under the new goods and services tax (GST) regime in Uttar Pradesh has fallen by 30 per cent in the July-September period in the financial year 2017-18, as compaed to the earlier tax regime in the corresponding period last year.

According to official data, the state’s net collection under the commercial tax system, now GST, stood at Rs 8,169 crore in the first three months of the new regime. The amount, when compared to last year’s standings at Rs 11,779 crore during the same period, reflects an over 30 percent drop in tax collection. 
 

In fact, when compared