Andhra Pradesh Records ₹4,987 Crore GST Revenue in May

Описание: The Andhra Pradesh Commercial Taxes Department has achieved record tax collections during the current financial year, reporting revenue of ₹4,987 crore in May alone.

Compared to the ₹4,165 crore collected in May last year, the state recorded a significant increase of ₹737 crore. Officials attributed the strong growth to the adoption of Artificial Intelligence (AI) and advanced data analytics technologies for tax administration and compliance monitoring.

Andhra Pradesh recorded a GST growth rate of 16%, outperforming the national average growth rate of 6%. Among southern states, Karnataka led with 17%, followed closely by Andhra Pradesh, ahead of Kerala, Telangana, and Tamil Nadu.

The department has strengthened efforts to curb tax evasion by analyzing digital transactions, linking GST registrations with electricity consumer accounts, and integrating data from registration, real estate, mining, and other departments. AI-based systems are also helping identify fake invoices and fraudulent input tax credit claims in real time.

These measures have contributed to a substantial increase in tax compliance and revenue generation across key sectors of the state's economy.

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