- West Bengal GST collections increased by 12 percent in July, reaching Rs 5,895 crore compared to Rs 5,257 crore last year
- This growth indicates improved consumption and business activity in the state
- Cumulative GST revenues for the fiscal year show a mixed trend
- Post-settlement SGST for April-July was Rs 15,153 crore, a 1 percent decline from last year
- Pre-settlement SGST collection rose 5 percent to Rs 8,870 crore in the first four months of FY26
- Mixed performance among eastern states
- Bihar saw a 16 percent increase in July GST collections, with cumulative post-settlement SGST up 7 percent
- Jharkhand experienced a 3 percent decrease in July GST collections but a 9 percent increase in cumulative post-settlement SGST
- Odisha had a 1 percent rise in July GST revenues, but cumulative post-settlement SGST fell 9 percent
- West Bengal’s July performance surpassed Jharkhand and Odisha in gross GST growth
- Decline in cumulative net settlements may be due to IGST apportionment changes and input tax credit variations
- Final figures may change slightly after reconciliation
- National GST growth was 7 percent, totaling Rs 1,43,023 crore for the month
Source: a2ztaxcorp.net
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
