{"id":11261,"date":"2024-06-14T14:58:38","date_gmt":"2024-06-14T14:58:38","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=11261"},"modified":"2024-06-14T14:58:38","modified_gmt":"2024-06-14T14:58:38","slug":"karnataka-nets-rs-10000-crore-commercial-tax","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/karnataka-nets-rs-10000-crore-commercial-tax\/","title":{"rendered":"Karnataka nets Rs 10,000 crore commercial tax"},"content":{"rendered":"

Commercial activities remained strong in Karnataka in March, when Covid-19 cases began to climb. The state collected commercial tax of Rs 10,900 crore in the month, an all-time high.<\/mark><\/p>\n

The GST collection was Rs 9,200 crore and sales tax mopup from petrol and diesel sales was Rs 1,700 crore, according to the data of the department of commercial taxes. Traders were allowed to submit March returns till April 20 as per the standard practice.<\/mark><\/p>\n

Apart from the states share, the overall goods and Services<\/a> tax also includes the components of central GST (Rs 2,187 crore in March), integrated GST (Rs 3,400 crore) and a cess (about Rs 900 crore). Integrated GST goes to states where goods from Karnataka are transported.<\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"

Commercial activities remained strong in Karnataka in March, when Covid-19 cases began to climb. The state collected commercial tax of Rs 10,900 crore in the month, an all-time high. The GST collection was Rs 9,200 crore and sales tax mopup from petrol and diesel sales was Rs 1,700 crore, according to the data of the … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1098],"tags":[913],"class_list":["post-11261","post","type-post","status-publish","format-standard","hentry","category-karnataka","tag-20-04-21"],"yoast_head":"\nKarnataka nets Rs 10,000 crore commercial tax - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/karnataka-nets-rs-10000-crore-commercial-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Karnataka nets Rs 10,000 crore commercial tax\" \/>\n<meta property=\"og:description\" content=\"Commercial activities remained strong in Karnataka in March, when Covid-19 cases began to climb. The state collected commercial tax of Rs 10,900 crore in the month, an all-time high. The GST collection was Rs 9,200 crore and sales tax mopup from petrol and diesel sales was Rs 1,700 crore, according to the data of the ... 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The state collected commercial tax of Rs 10,900 crore in the month, an all-time high. The GST collection was Rs 9,200 crore and sales tax mopup from petrol and diesel sales was Rs 1,700 crore, according to the data of the ... 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