The CGST Kutch Commissionerate announced that it has collected GST revenue of ₹1,315 crores in the first four months of the current financial year, marking an impressive growth of ₹279 crores. This reflects a robust growth rate of approximately 27% compared to the corresponding period of the previous financial year.
It is noteworthy that the monthly average revenue of the Commissionerate has consistently grown over the years. It increased from ₹160.32 crores in FY 2020-21 to ₹191.32 crores in FY 2021-22, ₹224.59 crores in FY 2022-23, and further rose to approximately ₹256.84 crores in FY 2023-24. For FY 2024-25, the monthly average revenue now stands at ₹329 crores.
The return filing compliance among the top 2,000 taxpayers—who contribute over 90% of the Commissionerate’s revenue—stood at 92% for July 2024. Additionally, 95% to 98% of the Commissionerate’s revenue has been realized within two days of the due date for return filing each month in the current financial year 2024-25. This demonstrates not only a significant increase in tax compliance but also the promptness with which taxes are being paid in Kutch.
On achieving this milestone, the CGST Kutch Commissionerate extendedits heartfelt gratitude to the esteemed taxpayers, trade associations/bodies, and all stakeholders, including Chartered Accountants, consultants, and advocates, for their unwavering support and commitment to enhancing tax compliance.