Goods and Services Tax – GST Dated:- 16-11-2023 – News – Tirupati Commissionerate boosted revenue collection with an impressive growth of about 300% after introduction of the GST regime, says Union Finance Minister Revenue Secretary Shri Sanjay Malhotra exhorts CBIC officers to continue to focus on grievance redressal mechanism for the taxpayers Over the past five years, 54 proposals for construction of offices amounting to about Rs. 2,200 crore sanctioned: CBIC Chairman CGST Tirupati Commissionerate has grown from annualised figure of Rs. 2,815 crore for FY 2017-18 to Rs. 8,275 crore during 2022-23: Zonal Member CBIC Union Finance Corporate Affairs Minister Smt. Nirmala Sitharaman gave a virtual address on the occasion of Bhoomi Pooja and Foundation Stone laying ceremony of GST Bhavan, Tirupati CGST Commissionerate, today. The new GST Bhawan reflects the Central Government's commitment to bolstering infrastructure and efficiency in tax administration. Shri Sa
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8,264 crore last year and Rs. 5,019 crore upto September 2023. The Commissionerate has seen much progress in the recent past few years posting an impressive growth of about 300% in the GST regime. The major contributor for this striking growth is from manufacture of passenger vehicles, cement, and automotive batteries. Bhoomi Pooja and unveiling of plaque for the foundation stone was done by Chairman CBIC During his virtual address, Shri Malhotra, while appreciating the Bhoomi Pooja of the Tirupati Commissionerate and also acknowledging the various infrastructure-related projects being taken up by CBIC, said that revenue growth and law enforcement should work hand-in-hand and all the matters related to prosecution should be expedited and brought to logical conclusion in time. Shri Malhotra also exhorted all the officers to continue to focus on grievance redressal mechanism for the taxpayers. During his address on the occasion, Shri Sanjay Kumar Agarwal apprec
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annualised figure of Rs. 2,815 crore for the FY 2017-18 to Rs. 8,275 crore during 2022-23 reflecting impressive increase of nearly 3 times and CAGR of 19.7%. Similarly, the taxpayer base has increased significantly from 22,400 (as on 31.10.2017) to 57,481 (as on 30.10.2023) during these six years registering an increase by 2.5 times or magnificent CAGR of 17%. Shri Ranjan said that Commissionerate s contribution to the Zonal revenue collection has increased from 26% to 36% during these six years. Similarly, the taxpayer base of Tirupati Commissionerate as a percentage of zonal base has increased from 29% to 33% during these six years. Tirupati Central GST Commissionerate, covering Tirupati and its surrounding regions, plays a vital role in facilitating economic activities and ensuring compliance. The new office building will not only provide a state-of-the-art workspace for the dedicated officers but also enhance the overall taxpayer experience. The construction of the of
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