Current Affairs - State - Discussion
Discussion Forum : State - Latest Current Affairs (Q.No. 5851)
5851.
Which states are the top contributors of the GST for first five months?
Answer: Option
Explanation:
As per information provided by Minister of State for Finance, Pratap Shukla in Lok Sabha, Maharashtra and Uttar Pradesh are the top contributors among all states and Union Territories (UTs) in the first five months (1st July - 30th November, 2017) of the rollout of the Goods and Services Tax (GST) regime. Maharashtra and Uttar Pradesh together accounted for 24 per cent of the total cess collections of Rs 30224 crore under the Goods and Services Tax (GST). With Rs 18701 crore, Maharashtra also topped in State GST (SGST) collections. In terms of SGST collections, Maharashtra is followed by Tamil Nadu (Rs 8739 crore), Karnataka (Rs 7736 crore) and Gujarat (Rs 7375 crore). Total SGST collections stood at Rs. 87888 crore. Total Central GST (CGST) collections stood at Rs 59048 crore.
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