{"id":14922,"date":"2024-06-14T16:09:41","date_gmt":"2024-06-14T16:09:41","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=14922"},"modified":"2024-06-14T16:09:41","modified_gmt":"2024-06-14T16:09:41","slug":"revival-of-industries-pushes-goas-gst-collections-to-73-per-cent-year-on-year","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/revival-of-industries-pushes-goas-gst-collections-to-73-per-cent-year-on-year\/","title":{"rendered":"Revival of industries pushes Goas GST collections to 73 per cent year-on-year"},"content":{"rendered":"<p>Driven by a strong resurgence in tourism and<u>revival<\/u>in manufacturing activity, the gross goods and <a href=\"https:\/\/exam.pscnotes.com\/services\">Services<\/a> tax (<u>GST<\/u>) revenue collection in Goa continues to remain positive, with December registering a<u>73%<\/u>jump in<u>year-on-year<\/u>collections. The <a href=\"https:\/\/exam.pscnotes.com\/growth\">Growth<\/a>, which is a 14% increase over November, is also significantly higher than the 13% growth seen at the national level.<\/p>\n<p>According to the Union finance ministry, Rs 592 crore was collected as central GST, state GST, integrated GST and cess in December as against Rs 518 crore in November. In December 2020, the total GST mop-up in Goa stood at Rs 342 crore.<\/p>\n<p>Nationally, the gross GST revenue stood at Rs 1,29,780 crore, of which CGST is Rs 22,578 crore, SGST is Rs 28,658 crore, IGST is Rs 69,155 crore and cess is Rs 9,389 crore.<br \/> The state governments annual GST collections has shown a steady increase every financial year, growing from Rs 3,651.8 crore in 2017-18 to Rs 4,689 crore in 2020-21. Till July, Goas GST revenue stood at Rs 1,346.6 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Driven by a strong resurgence in tourism andrevivalin manufacturing activity, the gross goods and Services tax (GST) revenue collection in Goa continues to remain positive, with December registering a73%jump inyear-on-yearcollections. The Growth, which is a 14% increase over November, is also significantly higher than the 13% growth seen at the national level. According to the &#8230; <a title=\"Revival of industries pushes Goas GST collections to 73 per cent year-on-year\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/revival-of-industries-pushes-goas-gst-collections-to-73-per-cent-year-on-year\/\" aria-label=\"Read more about Revival of industries pushes Goas GST collections to 73 per cent year-on-year\">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":[1095],"tags":[1081],"class_list":["post-14922","post","type-post","status-publish","format-standard","hentry","category-goa","tag-31-12-21"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Revival of industries pushes Goas GST collections to 73 per cent year-on-year - 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\/revival-of-industries-pushes-goas-gst-collections-to-73-per-cent-year-on-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Revival of industries pushes Goas GST collections to 73 per cent year-on-year\" \/>\n<meta property=\"og:description\" content=\"Driven by a strong resurgence in tourism andrevivalin manufacturing activity, the gross goods and Services tax (GST) revenue collection in Goa continues to remain positive, with December registering a73%jump inyear-on-yearcollections. The Growth, which is a 14% increase over November, is also significantly higher than the 13% growth seen at the national level. According to the ... 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The Growth, which is a 14% increase over November, is also significantly higher than the 13% growth seen at the national level. According to the ... 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