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Gujarat has reported a 19% increase in revenue under the Goods and Services Tax (GST) during the third quarter (Q3) of the financial year 2024-25, as compared to the same period last year. The state's GST revenue for Q3 stands at an impressive Rs 18,448 crore, marking an increase of Rs 2,925 crore from the previous year's corresponding quarter. This growth significantly outpaces the national GST revenue growth of 8% during the same period, highlighting Gujarat's robust economic activities and e
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FAQ :
Gujarat recorded a 19% increase in GST revenue in Q3 FY 2024-25 compared to the same period last year.
Gujarat collected Rs 18,448 crore in GST revenue during Q3 FY 2024-25.
Gujarat's 19% GST revenue growth significantly outpaces the national GST revenue growth of 8% for Q3 FY 2024-25.
The growth is attributed to increased manufacturing and trade activities, improved tax compliance, and proactive enforcement by the state tax department.
Gujarat's cumulative revenue from all sources, including GST, VAT, Electricity Duty, and Professional Tax, amounted to Rs 29,617 crore in Q3 FY 2024-25.
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