Gujarat government’s GST mop-up rises despite Covid second wave

In April and Could this 12 months the GST assortment was as excessive as Rs 4,272 crore and Rs 2,637 crore respectively.

Gujarat authorities’s Items & Service Tax (SGST) collections have gone up by over Rs 6,100 crore within the first 5 months of the present calendar 12 months in comparison with the year-ago interval. Although the second Covid-19 wave was extra intense than the primary, the state authorities ensured that commerce and trade ought to proceed operations, mentioned a senior official with the state finance division.

“Regardless of sure restrictions, many of the trades and industrial items might proceed their operations. The authority avoided full lockdown and as an alternative allowed companies to function in stipulated hours. This technique labored for the federal government to curb the growing circumstances of coronavirus infections with out disturbing the enterprise ecosystem,” mentioned the official.

As per the official information of the state finance division, state GST assortment through the first 5 months of the present calendar 12 months has gone up by Rs 6,166 crore to Rs 17357 crore year-on-year.

The state GST assortment efficiency on month-on-month foundation has improved as a group in January 2021 has surged to Rs 3,414 crore from Rs 3,132 crore in the identical month final 12 months. In February GST assortment soared from Rs 3,516 crore to Rs 3,209 crore. In March 2021, it was at Rs 3,519 crore in comparison with Rs 2,840 in March 2020. In April and Could this 12 months the GST assortment was as excessive as Rs 4,272 crore and Rs 2,637 crore respectively.

In April 2020, the GST assortment dipped as a result of full lockdown. The second wave of Covid-19 was worst through the first three weeks of Could this 12 months. Regardless of this, the GST assortment in Could improved in comparison with final 12 months throughout the identical month, as the federal government allowed companies to perform in a restricted method, claimed the official.

Curiously, for the primary time within the historical past of the GST regime, month-to-month state GST assortment has crossed Rs 4,000 crore mark throughout April this 12 months. “It’s potential due to stern motion taken in opposition to those that have been caught in state GST thefts. Because of our surveillance groups’ effort, virtually 90% GST returns are being filed,” mentioned the official.