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AP’s GST: Happy With GST Growth In AP, Nirmala Sitharaman

By waytoinfo.com Nov 17, 2023
AP's GST: Happy With GST Growth In AP, Nirmala SitharamanAP's GST: Happy With GST Growth In AP, Nirmala Sitharaman

AP’s GST: As per the announcement made by Finance Minister Nirmala Sitharaman, GST Seva Kendras in Andhra Pradesh will implement biometric Aadhar authentication.

This action, which was approved to improve security and expedite the GST registration process, should enable a more secure and effective system.

AP’s GST: Happy With GST Growth In AP, Nirmala Sitharaman

Sitharaman highlighted the remarkable rise in the state’s GST revenue when he announced the foundation-laying ceremony for GST Bhavan in Tirupati, Andhra Pradesh. She mentioned that the Tirupati Commissionerate received ₹8,264 crore in GST revenue in FY23 and ₹5,019 crore between April and September 2023. She attributed the increase to industries like automotive battery, cement, and passenger car manufacturing. – AP’s GST

In October, there was a significant increase in the national trend of GST collection, which culminated in a 10-month high of ₹1.72 lakh crore. Consistent with this pattern, Andhra Pradesh demonstrated a strong yearly increase in post-settlement GST proceeds of 12% between April and October 2023.

The announcement made by the Finance Minister shows how committed the government is to using technology—like biometric Aadhaar authentication—to improve security and efficiency in tax-related procedures.

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