Uttar Pradesh records a high rise in their GST collection in the month April 2022. The state has shown a rise in its revenue collection by 16 per cent than that of the corresponding month of the previous year through Goods and Services Tax (GST) collection. The GST collection in the state of Uttar Pradesh was Rs.7,355 crore in April 2021. The amount of GST collection has increased to Rs.8,534 crore in April 2022. The state has recorded a rise in GST collection by a margin of 16 per cent.
At present, Uttar Pradesh stands in the fifth position among the other states across the county in respect of GST revenue collection. The state government of Uttar Pradesh has taken up several upgraded and pro-active financial measures which have altogether resulted in this improved rate of GST collection. Uttar Pradesh ranks in the fifth position across India in terms of GST collection after the states of Maharashtra, Gujarat, Karnataka, and Tamil Nadu.
According to the statistical analysis, Uttar Pradesh is quite ahead of the other states across India like Kerala, West Bengal, Chhattisgarh, Madhya Pradesh, and Jharkhand in respect of the growth percentage in GST collection.
As per the report of the GST officials, the state of Uttar Pradesh has reached this level of improved GST revenue collection by adopting some extremely advanced financial management strategies. These strategies taken up by the Uttar Pradesh state government has helped UP to reach this position.