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      Meghalaya among 4 NE states with low GST collection

      HP News Service by HP News Service
      May 6, 2024
      in Meghalaya
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      Meghalaya sees 19 pc growth in GST revenue collection in October
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      Meghalaya, Arunachal Pradesh, Nagaland and Sikkim registered negative growth in Goods & Services Tax (GST) collections in April this year as compared to the corresponding period of the previous year.

      As per the GST data released by the Union Finance Ministry on May 1, Mizoram recorded its highest proportion growth at 52 per cent in GST collections in April. Mizoram collected Rs 108 crore in GST in April against Rs 71 crore collected in the same month of 2023.

      The data showed that Meghalaya collected Rs 234 crore in April this year as compared to Rs 239 crore collected in April last year.

      Arunachal Pradesh reported the highest percentage of negative growth at 16 per cent, followed by Sikkim (5 per cent), Nagaland (3 per cent), and Meghalaya (2 per cent).

      In April 2023, Arunachal Pradesh collected Rs 238 crore in GST, which came down to Rs 200 crore in April 2024.

      Three other northeastern states — Assam, Tripura, and Manipur — registered a positive growth in GST collections in April as compared to the corresponding period of the previous year.

      In April 2023, Assam collected Rs 1,513 crore in GST which went up to Rs 1,895 crore in April 2024, marking a growth of 25 per cent.

      Tripura’s GST collections in April this year stood at Rs 161 crore against Rs 133 crore collected in April 2023, registering a 20 per cent growth.

      Meanwhile, Manipur’s figures went up by 15 per cent with Rs 104 crore collections made in April this year as compared to Rs 91 crore collected in April last year.

       

      HP News Service

      HP News Service

      An English daily newspaper from Shillong published by Readington Marwein, proprietor of Mawphor Khasi Daily Newspaper, who established the first Khasi daily in 1989.

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