Karnataka, Telangana top large states in GST revenue growth post September rationalisation
In Karnataka – which stands second after Maharashtra in GST collection – revenue generated was Rs 14,395 crore this October, compared to Rs 13,081 crore in October 2024. GST collections in Telangana improved from Rs 5,211 crore in October 2024 to Rs 5,726 crore this October.
GST rationalisation, which started in September this year, reduced the tax slabs of GST from four to two core slabs (5 per cent and 18 per cent). (File Photo) Karnataka topped the list of large states in terms of growth in Goods and Services Tax (GST) collections, since the GST rationalisation measure was implemented from September 22.
“Maharashtra, Karnataka, Gujarat, Tamil Nadu, and Haryana together contributed over 40% of the total GST revenue, underscoring their role as major consumption and production hubs,” the Press Information Bureau (PIB) said in a statement issued on Monday.
Among them, GST collections in Karnataka and Telangana increased by 10 per cent compared to the collections in October last year. In Karnataka – which stands second after Maharashtra in GST collection – revenue generated was Rs 14,395 crore this October, compared to Rs 13,081 crore in October 2024. GST collections in Telangana improved from Rs 5,211 crore in October 2024 to Rs 5,726 crore this October.