SME Times is powered by   
Search News
Just in:   • Centre suspends fresh IBC proceedings till Dec  • 'US Fed won't begin raising rates until inflation hits 2%'  • ECLGS: Banks sanction Rs 1.77 lakh cr to MSMEs  • Adani's Mumbai airport deal with GVK gets CCI nod  • TIR to improve trade India-Central Asia trade: Official 
Last updated: 04 Sep, 2020  

gst-thmb.jpg Chhattisgarh records 6% higher GST revenue collection

   Top Stories
» ECLGS: Banks sanction Rs 1.77 lakh cr to MSMEs
» TIR to improve trade India-Central Asia trade: Official
» Sensex tanks 1,100 pts on global concerns
» 'Banking sector recovery to take years'
» Issues in MEIS module, use of wrong forex rates: CAG
SME Times News Bureau | 04 Sep, 2020
Chhattisgarh recorded a 6 percent higher collection of Goods and Services Tax (GST) in August this year, compared to the same month last year.

The state's GST collection was Rs 1,873 crore last year, which rose to Rs 1,994 crore now.

A state government statement said the higher collection of GST even amid Covid-19 reflects the economic policies of the Congress government in the state that boosted positive growth in the market.

The Rajiv Gandhi Kisan Nyay Yojana, Godhan Nyay Yojana and hike in procurement rate of tendu leaves and minor forest produce directly benefiting the villagers, farmers and tribes acted as boosters, claimed the statement.

The statement further says that in the GST revenue collection related report released by the Union Finance Ministry, an average downfall of 8 percent was registered in GST revenue collection in August 2020.

Against this backdrop, Chhattisgarh recorded a 6 percent hike in collection, thus placing itself in the fourth position among states, it said.
Print the Page
Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 25 Sep, 2020
  Daily Poll
COVID-19 has directly affected your business
 Can't say
  Commented Stories
» MSMEs can now register delayed payment grievances online(2)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter