VIJAYAWADA: For the financial year 2020-21, net direct tax collection from Andhra Pradesh was Rs 40,314.087 crore, while GST was Rs 26,163 crore. The share released to Andhra Pradesh for 2020-21 was Rs 24,460.59 crore.
The details were provided by Minister of State for Finance Pankaj Chaudhary in the Rajya Sabha in a written reply to YSR Congress MP V Vijayasai Reddy on Tuesday.
According to the minister, Net Direct Tax for 2018-19 was Rs 46,222.64 crore, and for 2019-20 it was Rs 42,730.45 crore, while GST collected for those financial years was Rs 25,331 crore and Rs 27,108 crore, respectively. In 2021-22, the GST collected from the State was Rs 32,710 crore.
The state’s share in tax revenue was Rs 32,787.03 crore for 2018-19, Rs 28,242.39 crore for 2019-20, and Rs 35,385.83 crore for 2021-22. Pankaj Chaudhary informed that state-wise information of indirect taxes, including union excise and customs, is not maintained. States' share is released on the basis of a formula recommended by the Finance Commission.
State share
Rs 32,787.03 crore 2018-19 fiscal
Rs 28,242.39 crore 2019-20 fiscal
Rs 26,163 crore 2020-21 fiscal
Rs 35,385.83 crore 2021-22 fiscal