GST Collections Rise By A Whopping 40 Per cent In J&K, 128 Per Cent In Arunachal Pradesh In December 2019GST is the new unified tax regime in India. (photo by Arun Sharma/Hindustan Times via Getty Images)

Goods and Services Tax (GST) collections in the Union Territory (UT) of Jammu and Kashmir (J&K) witnessed a massive rise of 40 per cent in the bygone month of December to reach a figure of Rs 409 crore, reports Financial Express.

Several other States and UTs registered a robust growth in the collections with Arunachal Pradesh leading among all with a stellar 124 per cent rise. Fellow northeast State of Nagaland reported a rise of 88 per cent in collections, followed by Manipur and Mizoram which registered a rise of 64 and 60 per cent respectively.

Meanwhile, in the overall value terms, State of Maharashtra led the GST collections by shoring up Rs 16,530 crore which was a solid 22 per cent increase over the figure achieved a year ago in the same month.

It should be noted that the Government of India is duty-bound by Constitution to compensate the States for any shortfall if the GST collections fail to meet a 14 per cent growth.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber