Growth<\/a> is on a low base, as tax collection was subdued last year as the second wave of Covid-19 cases had barely ended and economic activity was slow.<\/p>\nAt the recent GST council meeting, tax rates on a host of items of mass-consumption were increased and exemptions removed. The council approved a 12% tax on hotel rooms costing less than Rs 1,000 a day and a 5% levy without input tax credit on hospital rooms with rentals above Rs 5,000. Several unbranded pre-packaged and labelled food items will also attract 5% tax.<\/p>\n","protected":false},"excerpt":{"rendered":"
Due to the resumption of economic activity after the worst of the pandemic andpressure across the board, the state’sGST collectionrose by 49% this June.Gujarat‘sGSTmop-up was Rs 9,135 crore in June 2022 (till June 29) against Rs 6,128 crore last June. The Growth is on a low base, as tax collection was subdued last year as … 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":[1084],"tags":[688],"class_list":["post-6532","post","type-post","status-publish","format-standard","hentry","category-gujarat","tag-06-07-22"],"yoast_head":"\nGST collection up 49% in June in Gujarat - 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\/2024\/06\/14\/gst-collection-up-49-in-june-in-gujarat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GST collection up 49% in June in Gujarat\" \/>\n<meta property=\"og:description\" content=\"Due to the resumption of economic activity after the worst of the pandemic andpressure across the board, the state’sGST collectionrose by 49% this June.Gujarat‘sGSTmop-up was Rs 9,135 crore in June 2022 (till June 29) against Rs 6,128 crore last June. 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