Published On : Fri, Nov 18th, 2022
By Nagpur Today Nagpur News

Nagpur Zone GST collection stands at 9,642 cr in 7 months of FY 2022-23

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Nagpur: The Goods and Services Tax (GST) revenue collection stood at Rs 9,642.93 crore in the last seven months from April to October of FY 2022-23 in Nagpur Zone, according to the data. The total revenue realised from April to October 2022 was at Rs 9,642 crore, as compared to Rs 7,738.52 crore in the same period of the previous year, a rise of Rs 1,904.41 crore resulting in growth of 24.61 per cent.

This was disclosed by senior officials of Nagpur Zone GST. The Nagpur Zone review meeting was conducted recently in which R C Sankhla, Chief Commissioner GST, Nagpur Zone, the Divisional Commissioners, Joint Commissioners and Additional Commissioners were present.

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After the in-depth analysis and brainstorming session, the Chief Commissioner was confident that Nagpur Zone target for FY 2022-23 at Rs 18,101 crore could be achieved and surpassed by the end of the financial year. As per the past figures, the GST revenue collection stood at a staggering Rs 14,485.59 crore in FY 2021-2022. The GST collection was significantly higher by Rs 3,029.87 crore in FY 2021-22 as compared to Rs 11,455.72 core recorded in FY 2020-21.

The GST collection for the fiscal had augmented by a remarkable 26.45 per cent. Similarly, the GST collection in Nagpur Zone in the fiscal 2019-20 was posted at Rs 12,649.15 crore and in 2018- 2019 stood at Rs 11,857 crore, the data mentioned.

Nagpur Zone GST Department consists of 24 districts in Maharashtra including 11 districts of Nagpur Division, 8 districts of Aurangabad Division and 5 districts of Nashik Division.

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