Panaji: Driven by a strong awakening in tourism and resurrection in manufacturing activities, collecting gross goods and services (GST) tax income (GST) in Goa continues to remain positive, with December registering 73% of a generation year-on-year collection.
Growth, which is an increase of 14% more November, is also significantly higher than 13% growth seen at the national level.
According to the Ministry of Finance Union, RS 592 Crore was collected as a GST center, GST countries, integrated GST and CESS in December as against RS 518 Crore in November.
In December 2020, the total clean broom in Goa stood at RS 342 Crore.
GST official attributes increase indirect tax collection for economic recovery and anti-avoidance enforcement activities, especially actions against fake billers.
They hope that a strong trend in revenue to continue in January, when GST returns to turnover in December will be submitted.
Nationally, dirty GST revenue stands at Rs 1,29,780 Crore, from the CGST is Rs 22,578 Crore, SGST is RS 28.658 Crore, IGST is Rs 69,155 Crore and Cess is Rs 9,389 Crore.
The annual GST Collection of the Government State has shown a stable increase every financial year, grows from RS 3.651.8 Crore in 2017-18 for RS 4689 Crore at 2020-21.
Until July, this GST cave income stood at Rs 1,346.6 Crore.
Goa Ministry of Finance officials said that the highest tax collection in the November-January period, which coincided with the peak of the tourism season.
Along with several other countries, Goa has also tried to renew the GST Cess compensation for five years.
Goa representatives in the GST council, Minister of Cabinet Mauvin Godinho, has urged the center to increase the share in a sponsored centralized scheme, as this cave income has been chosen very hit by Covid-19 Pandemics.
Godinho has also tried the RS 500 crore package from the center in the Union budget.
The rise of the industry encourages the Cave GST collection to 73 percent year-on-year
