Despite lesser population, TS collects more GST than AP - Etv
Thu, Apr 05, 2018, 10:35 AM
Telangana State has recorded highest Goods and Services Tax (GST) collection compared to Andhra Pradesh in the fiscal year. Reasons attributed to the collection of more GST by Telangana State was the presence of IT and pharma companies, the large number of dealers, international airport and South Central Railway headquarters based in Hyderabad. After GST came into existence in July 2017, Andhra Pradesh collected Rs 10,801 crore GST and Telangana Rs 13,704 crore. The Telangana State collected Rs 2,273 crore more GST than AP.