Ahmedabad: Total tax collection and Gujarat (GST) services for December 2021 decreased by 2%.
The country’s GST mop-up was Rs 7,336 in December 2021, against Rs 7,469 Crore, according to data from the Ministry of Finance Union.
Industry players link a decrease in GST collection to reduce demand coupled with industrial production cuts after Diwali.
Showing a decrease in cross-sector demand after a surge in celebration season, the GST collection in Gujarat fell 23% in December, compared to November.
In December, the State GST mop-up was established at Rs 7,336 Crore, against the RS 9,569 Crore record in November 2021.
The industrial players said that demand came crashing because of the price of high raw materials, because the total tax was rejected.
The state GST mop-up reached a record high of Rs 9,569 Crore in November.
In November, the GST collection in the state rose 12% against October.
Patik Patwari, Senior Vice President, Gujarat Chamber of Commerce and Industry (GCCI) said, “The price of raw materials has been high over the past few months as a result of which industrial production has been affected.
After Diwali, there is no restored production or request.
As a result, collection The overall tax has been influenced in Gujarat in December.
“The state government source said the tax mop-up was very high in November supported by hidden requests.
Tax collection was dipped by marginal 2% against Rs 7,469 Crore in December 2020.
throughout India, Gujarat’s position fell to the third highest in terms of tax collection, Maharashtra Lagging (RS 19,592 Crore) and Karnataka (Rs 8,335 Crore).
Gujarat has the second highest tax collection in November.