{"id":6594,"date":"2024-06-14T02:40:19","date_gmt":"2024-06-14T02:40:19","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=6594"},"modified":"2024-06-14T02:40:19","modified_gmt":"2024-06-14T02:40:19","slug":"roused-economic-activity-high-prices-lift-gujarats-gst-mop-up","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/roused-economic-activity-high-prices-lift-gujarats-gst-mop-up\/","title":{"rendered":"Roused economic activity, high prices lift Gujarats GST mop-up"},"content":{"rendered":"<p>As industrial production has returned to full-throttle after the second wave of Covid cases with a massive increase in raw material prices across sectors, GST collection inGujaratgrew by 28% in September 2021 against the same month in 2020.<\/p>\n<p>Total GST collection in the state stood at Rs 7,780 crore in September, up from Rs 6,090 crore in September 2020, according to data from the Union finance ministry.<\/p>\n<p>xperts say the increased tax collection is primarily due to a revival indemandand the low-base of last year, as tax collection was relatively low due to the post-lockdown effect.<\/p>\n<p>Of the total collection, State GST (SGST) in Gujarat stood at Rs 3,654 crore this September, up 47.5% from Rs 2,415 crore last September. Tax collection, however, grew marginally, by 3.5%, against Augusts figure of Rs 3,530 crore, according to figures from the state commercial tax department.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As industrial production has returned to full-throttle after the second wave of Covid cases with a massive increase in raw material prices across sectors, GST collection inGujaratgrew by 28% in September 2021 against the same month in 2020. Total GST collection in the state stood at Rs 7,780 crore in September, up from Rs 6,090 &#8230; <a title=\"Roused economic activity, high prices lift Gujarats GST mop-up\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/roused-economic-activity-high-prices-lift-gujarats-gst-mop-up\/\" aria-label=\"Read more about Roused economic activity, high prices lift Gujarats GST mop-up\">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":[691],"class_list":["post-6594","post","type-post","status-publish","format-standard","hentry","category-gujarat","tag-06-10-21"],"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>Roused economic activity, high prices lift Gujarats GST mop-up - 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\/roused-economic-activity-high-prices-lift-gujarats-gst-mop-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Roused economic activity, high prices lift Gujarats GST mop-up\" \/>\n<meta property=\"og:description\" content=\"As industrial production has returned to full-throttle after the second wave of Covid cases with a massive increase in raw material prices across sectors, GST collection inGujaratgrew by 28% in September 2021 against the same month in 2020. 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