GST collection went down 42% in April 2021 in Karnataka - News Summed Up

GST collection went down 42% in April 2021 in Karnataka


The total GST collection, including cess, fell from ₹9,954 crore in March to ₹5,731 crore in April. The fall in collection for April came after a record collection in the country in March. KST also downSimilarly, the collection of one of the important sources of revenue for the State — Karnataka Sales Tax (KST) — is also down. The collection of Professional Tax is also down from ₹106.28 crore to ₹82.75 crore in the two months. A total GST collection of ₹15,686 crore has been reported this year, as against ₹6,537 crore last year — a 139% increase.


Source: The Hindu June 03, 2021 19:38 UTC



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