Andhra Pradesh Achieves Near-Record GST Collections
Andhra Pradesh's GST revenue reached Rs 3,021 crore in October, marking it the second-highest October collection since 2017. The state saw an 8.77% growth in net GST collections compared to last year due to rate reductions. Total tax collections across all sectors amounted to Rs 4,458 crore.
- Country:
- India
Andhra Pradesh recorded an impressive Rs 3,021 crore in net Goods and Services Tax (GST) revenue for October, marking it the second-highest October collection since the GST's introduction in 2017, announced the state's Commercial Taxes Department.
The department noted a robust 8.77% growth in net GST collections compared to October 2024, despite several goods experiencing rate reductions. The gross GST collections were Rs 3,490 crore, reflecting a 2.54% year-on-year boost.
The growth was supported by an increase in State GST (SGST) at Rs 1,247 crore, Integrated GST (IGST) settlements contributing Rs 1,773 crore, and an 18.26% spike in professional tax collections. Advanced data analytics and AI tools helped enhance compliance and detect tax evasion, while better coordination between central and state authorities improved efficiency.
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