Goods and Services Tax (GST) collection in April rose by 12.6% Y-o-Y to an all-time high of about Rs 2.37 lakh crore, data by the government said.
The Goods and Services Tax (GST) collection for the month of March surged by 9.9% YoY to Rs 1.96 lakh crore, data from the government said.
Under the able leadership of Haryana Chief Minister Nayab Singh Saini, who is also the Excise and Taxation Minister of the state, the Excise and Taxation Department has achieved significant growth in the collection of Goods and Services Tax (GST).
Under the dynamic leadership of Haryana Chief Minister Nayab Singh Saini, the state has achieved consistent growth in revenue.
As per a cross-country World Bank study on sugar-sweetened beverages, India has one of the highest tax rates for carbonated soft drinks (CSDs) at a total tax rate of 40 per cent as of 2023.
The collections were up 8.1 per cent from the previous month and saw an 8.9 per cent increase year-on-year. October 2024 recorded the second-best GST mop-up. The highest ever collection was in April 2024 at over Rs 2.10 lakh crore.
Speaking at the 64th annual Automotive Component Manufacturers Association (ACMA) session, the President said the auto sector also contributes significantly to the direct and indirect employment generation in the country.
he progressive collection under State GST up to July 24 stands at Rs.8866.95 crore against a collection of Rs 7055.53 crore up to July 23 with a growth rate of 25.67%.
The GST Department cited its obligation to protect the privacy of certain individuals as a reason to not reply to the query.
"Haryana’s total tax collection has reached Rs 32,076 crore compared to Rs 27,155 crore during the same period in the previous year, marking an impressive increase of 18.3 per cent,” an official spokesperson said.
