07-04-21 Daily-Gujarat-GPSC Current Affairs

The Goods and Services Tax (GST) collection inGujaratincreased14%to a fresh record high of Rs 8,221 crore in February 2021 as against Rs 7,217 crore during the same month last year, shows the latest data released by the Union finance ministry. With this, Gujarat clocked the highest Growth inGSTcollection among the top manufacturing states.

Gujarat is the only manufacturing state which registered a growth above 10%. Other manufacturing states where GST collection increased include Nadu (9%), Haryana (6%), Uttar Pradesh (4%) and Karnataka (2%) and Maharashtra (2%).
Tax experts suggest that growing demand coupled with revival in industrial production pushed tax collection to go up.

On the other hand, Delhi (-3%) and Telangana (-1%) witnessed a decline in tax collection whereas in Andhra Pradesh, the tax collected remained flat.