The State Commercial Taxes Department has recorded a SGST collection of Rs 6,089.89 crore between October 1 and November 30, the festive shopping season.
The data showed that the collection has increased by nearly 16.5 per cent as compared to the same period last year, indicating a return to shopping spree post-Covid. With a collection of Rs 6,786.43 crore in the same period, the collection of Integrated Goods and Services Tax (IGST) has also gone up by 29.15 per cent, indicating an increase in interstate transactions and movement of goods between states.
According to sources, home appliances, electronic goods, gold, and apparel were the most sought-after items during the festive season.
“Since many showrooms usually put up discounts and offer EMI options during the festival season, the sale of electronic goods and home appliances is high during the season.
Read more at: Deccan Herald
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