Telangana has collected 4,228 crore asGoods and Services Tax(GST) in November, among the lowest in southern states. However, the state logged an 8% increase (3,931 crore) compared to the same period in 2021. However, the state showed buoyancy inGSTcollection, despite the fact that the state had a negative growth (-5%) in November 2020 compared to the corresponding period in 2019.

Among southern states, Kerala had registered a negative Growth (-2%) from the previous years collection.Andhra Pradeshled the way with 14% growth rate followed by Karnataka (13%), Nadu(10%), and Kerala (9%). Apart from three southern states, Jammu and Kashmir, Bihar, Haryana, andMaharashtrahad showed a 10% or higher increase in GST collection in November 2022 compared to 2021.

Meanwhile, the finance department has reported to the Comptroller and Auditor General (CAG) that the state earned 23,493 crore in GST revenue till October this year. GST collection was estimated to be 42,189 crore in the budget for 2022-23, with 55% of the budget already earned. This is also a 5% increase over the November 2021 figures, when only 50% of the budgeted GST was achieved. Till October, the state had earned tax income of more than 70,000 crore. In November 2022, the countrys GST hiked by 8% compared to Nov 2021.