HYDERABAD: The latest GST collection numbers for the month of September show that Telangana is among the top five states in the country with a higher percentage of GST collected this year compared to September last year. The state recorded a 25% rise in GST receipts, standing at fifth position in terms of growth in GST collection among bigger states.
Indicating improved economic activity, Telangana collected Rs 3,494 crore GST receipts last month compared to Rs 2,796 crore in the month of September 2020, an addition of Rs 698 crore. Telangana also had a better increase in growth of GST collection than the average of the country at 20% in the month of September when compared to the same month last year.
Among the big states, Odisha showed 40% increase in growth in receipts followed by Jharkhand at 33%, Karnataka at 29% and Gujarat at 28%.
Projecting a bright picture in collecting GST, Telangana continuously collected more than Rs 3,000 crore per month at Rs 3,526 crore collection in the month of August and Rs 3,610 crore in July. These figures are in fact much better than the collections in pre Covid-19 period. In October 2019, the state had collected Rs 3,349 crore. “If there is no spike in Covid-19 cases and the situation is stable, the collection will further improve,” an official said. When compared to September 2020, AP saw a 21% rise in GST collection. Interestingly, all southern states saw more than 20% growth in September this year when compared to September last year.
