Over 100,000 new registrations under GST in West Bengal

State expects to earn Rs 55,787 cr from tax collection in FY18; revenue rises 15% in July

West Bengal’s revenue collections have increased by 14-15 per cent in the month of July following the implementation of the goods and services tax (GST), according to government officials. 

According to government sources, there were around 1,05,389 new registrations under the new GST regime that came to force on July 1. Moreover, around 2,42,572 tax payers migrated to GST in a month’s time, said officials.

Traders who were so far beyond the state’s tax net have registered themselves under GST, thereby, adding Rs 2,990 crore to the state’s coffers in July, claimed senior tax officials. Among the fresh entrants are