Economics, Econometrics and Finance
4 years ago

States Struggle to Sustain Projected Growth in GST Collection Post-Compensation Period

RePEc: Research Papers in Economics
Whether States have Capacity to Sustain Projected Growth in GST Collection during the Compensation Period
Sacchidananda Mukherjee

Paper Summary

The article explores whether states in India can sustain a 14 percent growth in GST collection as projected. The researchers look at the tax capacity of states and their ability to generate revenue to meet this target. They find that the revenue protection provided to states under the GST Compensation Act has been crucial in implementing GST. However, there are concerns about the sustainability of this growth rate in GST collection once the compensation period ends in June 2022. The study aims to estimate if states have the capacity to maintain this growth rate in tax collection.

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