newsdesk@business-northeast.com

+91 6026176848

More forecasts: New York weather 30 days

Here's how Northeast states fared in the latest GST collections

BNE News Desk , May 3, 2024
Spread the love

Guwahati: The country's Gross Goods and Services Tax (GST) collections hit a record high in April 2024 at Rs 2.10 lakh crore, and the 8 Northeast Indian states contributed their fair share.

In Assam, the revenue collection was Rs 1895 during April 2014, a 25% increase over the corresponding month last year. In conflict-torn Manipur, the figure has jumped from Rs 91 crore in April 2023 to Rs 104 crore in April 2024. Mizoram's increased from Rs 71 crore to Rs 108 crore during the same period. Tripura, which collected Rs 133 crore in April 2023, collected Rs 161 crore in April 2024. The GST collections in Meghalaya, Nagaland, Sikkim, and Arunachal Pradesh declined during the same period.

Meghalaya's collection decreased from Rs 239 crore in April 2023 to Rs 234 crore in April 2024, while Nagaland collected Rs 88 crore in 2023 and Rs 86 crore in 2024. Arunachal Pradesh collected Rs 238 as GST in April 2023 and Rs 200 crore in April 2023, with Sikkim reporting collections of Rs 426 crore and Rs 403 crore during the same period.

While Central Goods and Services Tax (CGST) collections hit Rs 43,846 crore, State Goods and Services Tax (SGST) amounted to Rs 53,538 crore, Integrated Goods and Services Tax (IGST) reached Rs 99,623 crore, including ₹37,826 crore collected on imported goods, and cess came in at Rs 13,260 crore, including Rs 1,008 crore collected on imported goods.

In April, the central government settled Rs 50,307 crore to CGST and Rs 41,600 crore to SGST from the IGST collected, translating to a total revenue of Rs 94,153 crore for CGST and Rs 95,138 crore for SGST after regular settlement, informed officials.

ALSO READ: Amul becomes lead arm sponsor for USA, South Africa cricket teams in T20 World Cup