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Thursday, December 19, 2024 | 07:26 PM ISTEN Hindi

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Statsguru: Six charts show GST's revenue challenge for Centre, state govts

But a longer-term perspective on state collections raises questions on GST's ability to fulfil certain primary objectives

economy
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Business Standard looked at all the states with over Rs 1,000 crore in collections

Sachin P Mampatta
The latest number for the goods and services tax (GST) collection was lower than the previous month, though it showed a jump on a year-on-year basis because of a weak base. Overall, however, collections have generally trended up (chart 1).


A similar trend is seen in state goods and service tax (SGST) and the central goods and services tax (CGST) with both showing a rising trend except for the latest month (chart 2).



Cess collections have also crossed Rs 10,000 crore multiple times in recent months (chart 3).
 


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