19 percent increase in GST collection of April
Commissioner of State Taxes and Excise Yunus informed here today that the GST collection has recorded an increase of 19 percent in the month of April 2023 with a collection of Rs. 593 crore. The Department of State Taxes and Excise had collected Rs. 500 Crore during the same month last year.
He said that the department continues to focus on return monitoring, speedy scrutiny of returns, and timely completion of GST audits and capacity building of the tax officers in order to improve upon. The department has targeted verifications of 13 lakh e-way bills during the current financial year. During road checkings, 94,000 e-way bills were verified by the departmental officers and a penalty of Rs. 42 lakh was collected in the month of April 2023 from violators.
He said that the department has been focusing on fraudulent taxpayers and has detected a number of non-existing registrations. Strong action is being taken against fraudulent taxpayers. The department has recently conducted inspection of a few firms suspected to be involved in passing on fraudulent Input Tax Credit.
The department expects the data analysis capabilities to improve significantly, once it is able to implement a comprehensive “GST Revenue Enhancement Project”.
