The goods and Services tax (GST) collection has shown improvement a 17% Growth this March when compared to March 2020.
According to the latest figures on GST collection released by the Union Government, the had collected Rs 3,562 crore in March 2020, and the collection went up to Rs 4,166 crore in March 2021, registering a growth of 17%.
Among the southern states, Kerala recorded highest growth in GST collection at 24% and lowest growth in collection was observed in case of neighboring Andhra Pradesh (5%).
Among other states, Tamil Nadu witnessed a growth of 23% this year when compared to March 2020.
Karnatakatoo had good GST collection growth rate at 11% when compared to March last year.
Along withTelangana, two other states (HaryanaandNagaland) recorded 17% growth in GST collections in March when compared to last year. Coming to Telangana, there has been consistent growth in the GST collection since July last year, barring few months.
In November 2020, the state had shown negative growth rate 5% less growth in GST collection compared to November 2019.