Kerala's Goods and Service Tax (GST) revenue during October hit Rs 18.56 billion as against Rs 11.7 billion during September owing to various reasons including efforts to curb leakage of revenue by posting officials at the boarders to check e-way bills.
Expecting around 20 per cent growth rate in tax revenue per month once the GST is implemented, the state has so far only received 8.75 per cent growth rate and is hopeful that proper implementation of the system could bring in full benefits of the new tax regime, State Finance Minister Thomas Isaac said.
Commenting on the growth of