Developed states are showing lowest growth in GST revenue collection

SGST revenue grew by 24% for all states put together in 2018-19 year on year

The most urbanised and industrialised states in India are showing the lowest growth in state goods and services tax (GST) revenue collection in 2018-19, data tabled in Parliament on Tuesday has shown. Relatively under-developed states, on the other hand, have shown a healthy growth in SGST collections over previous year. This also includes transfers from Integrated GST (IGST).

Revenue Secretary Ajay Bhus­h­an Pandey had told Business Standard that the series of rate reductions under the GST had resulted in a revenue loss of Rs 90,000 crore to the Centre. But this data shows that rate rationalisation has equally hit states’