IGST Settlements
Integrated Goods and Services Tax (IGST) for Himachal Pradesh involves the distribution of taxes collected on inter-state supplies between the central and state governments. This process ensures that revenue from IGST is appropriately apportioned based on the destination principle, where the tax revenue goes to the state where the goods or services are consumed. It plays a critical role in maintaining fiscal balance and equitable distribution of taxes under the GST regime, facilitating seamless trade across state borders while adhering to principles of taxation fairness and efficiency.
Data Dictionary
| Column | Type | Label | Description |
|---|---|---|---|
| id | int4 | index | |
| date | date | Date | |
| state_name | text | State Name | |
| state_code | text | State Code | |
| settlement_of_igst | numeric | IGST Settlement |
Additional Information
| Field | Value |
|---|---|
| Data last updated | June 24, 2024 |
| Metadata last updated | June 25, 2024 |
| Created | June 24, 2024 |
| Format | CSV |
| License | Open Data Commons Attribution License |
| Additional info | nan |
| Data extraction page | https://www.gst.gov.in/download/gststatistics |
| Data insights | IGST in Himachal Pradesh include the efficient distribution of tax revenue from inter-state transactions between the central and state governments based on the destination principle. This process highlights the state's role in receiving its rightful share of taxes generated from goods and services consumed within its boundaries. It also reflects the state's economic activity and consumption patterns, crucial for assessing its contribution to national tax revenues and ensuring fiscal autonomy. Monitoring IGST settlement provides insights into Himachal Pradesh's economic integration with other states, the effectiveness of tax collection mechanisms, and the overall alignment of tax policies with economic growth objectives at both state and national levels. |
| Data last updated | 2023-04-01 00:00:00 |
| Data retreival date | 2024-05-02 00:00:00 |
| Datastore active | True |
| District no | 0 |
| Frequency | Monthly |
| Gp no | 0 |
| Granularity | State |
| Has views | True |
| Id | 794e57e6-23a5-41e4-8562-94cb8bb5f5fe |
| Idp ready | True |
| Methodology | The data is collected from official GST statistics provided by the Indian government. |
| No indicators | 1 |
| Package id | ebaf7a29-998f-4964-90d1-4b0b6ffae24d |
| Position | 4 |
| Size | 3.2 KiB |
| Sku | gstn-igst_settlement_to_states-st-mn-him |
| State | active |
| States uts no | 1 |
| Tehsil no | 0 |
| Url type | upload |
| Years covered | 2017-2023 |
| Methodology | The data is collected from official GST statistics provided by the Indian government. |
| Similar Resources | |
| Granularity Level | State |
| Data Extraction Page | https://www.gst.gov.in/download/gststatistics |
| Data Retreival Date | 2024-05-02 00:00:00 |
| Data Last Updated | 2023-04-01 00:00:00 |
| Sku | gstn-igst_settlement_to_states-st-mn-him |
| Dataset Frequency | Monthly |
| Years Covered | 2017-2023 |
| No of States/UT(s) | 1 |
| No of Districts | 0 |
| No of Tehsils/blocks | 0 |
| No of Gram Panchayats | 0 |
| Additional Information | nan |
| Number of Indicators | 1 |
| Insights from the dataset | IGST in Himachal Pradesh include the efficient distribution of tax revenue from inter-state transactions between the central and state governments based on the destination principle. This process highlights the state's role in receiving its rightful share of taxes generated from goods and services consumed within its boundaries. It also reflects the state's economic activity and consumption patterns, crucial for assessing its contribution to national tax revenues and ensuring fiscal autonomy. Monitoring IGST settlement provides insights into Himachal Pradesh's economic integration with other states, the effectiveness of tax collection mechanisms, and the overall alignment of tax policies with economic growth objectives at both state and national levels. |
| IDP Ready | Yes |