Lagatar24.com
Language : HINDI
  • Home
  • Jharkhand
  • Bihar
  • National & World
  • Business
  • Health & Lifestyle
  • Sports
  • Entertainment
  • Career
  • Tech – Gyan
  • Opinion
Wednesday, 18 June, 2025
Lagatar24.com
  • Home
  • Jharkhand
  • Bihar
  • National & World
  • Business
  • Health & Lifestyle
  • Sports
  • Entertainment
  • Career
  • Tech – Gyan
  • Opinion
Lagatar24.com
No Result
View All Result
  • Home
  • Jharkhand
  • Bihar
  • National & World
  • Business
  • Health & Lifestyle
  • Sports
  • Entertainment
  • Career
  • Tech – Gyan
  • Opinion
Home Jharkhand

Jharkhand sees 22.14% rise in GST collection as compared to 2021

Lagatar News by Lagatar News
June 7, 2022
in Jharkhand
Share on FacebookShare on Twitter

CONRAD DIAS

 

Ranchi, June 7: Jharkhand’s GST collection totalled to Rs 7,944.21 crore, which included state GST, Integrated GST settlement, and ‘ad-hoc settlement’ in FY21. The GST revenue has climbed by 22.14 percent to Rs 9703.12 crore in 2022.

The non-GST collection, which includes VAT, JPT, and JED, jumped from Rs 4555.98 crore to Rs 6037.61 crore during the same time. During the same period, the state’s GST compensation fell, but the state’s loan in lieu of the GST compensation deficiency climbed.

While addressing the media, CGST Ranchi Commissionerate Deepak Arora spoke highly of the GST collection done in Jharkhand.

“The GST collection is seeing an upward trend in Jharkhand and I am really happy about it. The compliance is surely up and people are paying tax as a result of which the collection has been better than the previous year,” he said.

The Commercial Taxes Department Secretary Aradhana Patnaik had earlier said that one of the primary reasons for the increase in tax collection happened to post the formation of the Intelligence and Revenue Analysis Unit (IRAU) streamlining the tax collections, especially GST. This unit had cross-checked the voluntary declaration of the tax liability and also did a sector-wise search. It had identified variations in tax liability as well.

Any state’s tax revenue is made up of two parts: the ‘State’s Share in Central Taxes,’ which is determined by the Centre’s devolution and the transfer of funds from the Finance Commission fund, and the ‘Own Tax Revenue,’ which includes commercial taxes, excise duty, transportation, and land revenue, among other things. In Jharkhand, commercial tax accounts for more than 70% of the state’s ‘Own Tax Revenue.’

Despite these, there have been instances where cases related to non-payment of GST have come up to the surface. The latest incident took place in August 2021 when around 19 firms from Jharkhand issued fake GST bills for Rs 294 crore and evaded around Rs 26.51 crore tax.

During the investigation, which was done by Central GST Department, it was found that a single email ID and a mobile number were used for the GST registration of several of these firms. The firms which got the benefits of ITC are located in Odisha and Chhattisgarh.

Officials had said they would take action against persons running the shell firms for a possible commission because the Act has punitive provisions and they would act accordingly following an inquiry.

Share76Tweet47
Previous Post

When Chaibasa DMO was battling Covid, his boss in Ranchi tampered JIIMS to stop challans to 33 iron crusher units 

Next Post

J&K: Forces gun down one terrorist in Shopian

Related Posts

BJP Accuses JMM Spokesperson Of Making Anti-National Remarks

June 16, 2025

Jharkhand: ₹7.88 Crore Bounty on 58 Naxals, Police Headquarters Releases New List

June 14, 2025

Ranchi University Exam Controller Resigns, Cites Health Reasons

June 14, 2025

Hearing On Vinay Chaubey’s Petition Scheduled In High Court On June 20

June 14, 2025

Exclusive: Instead of Investigating Irregularities, Jharkhand Police HQ Focused on Tracing Whistleblower

June 9, 2025

Ranchi Traffic Police Deprived of Basic Facilities, Struggle for Access to Washrooms

June 8, 2025
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Editor
  • Advertise with us
  • Privacy Policy
  • Contact Us

© 2024 Lagatar News (Lagatar24.com)

No Result
View All Result
  • Home
  • Jharkhand
  • Bihar
  • National & World
  • Business
  • Health & Lifestyle
  • Sports
  • Entertainment
  • Career
  • Tech – Gyan
  • Opinion

© 2024 Lagatar News (Lagatar24.com)