The North Eastern states are success stories of GST collection and devolution, Union Finance Minister Nirmala Sitharaman said in Guwahati on 21 July. The finance minister said, “The GST’s principal largely is on the basis of tax & consumption not just tax on the basis of where it is produced. As a result, unlike the central sales tax, which is the origin base tax, GST is a destination-based tax…the northeastern states have benefited from the GST. Assam’s sales tax collection prior to the implementation of the GST was ₹558.26 crore but this has increased manifold to ₹7,097 crore. The Union minister is on a two-day visit to Assam and Tripura.

Source: Mint July 21, 2023 08:41 UTC