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    Home » GST year-to-date total reaches MVR 8.5bn

    GST year-to-date total reaches MVR 8.5bn

    GST year-to-date total collection reaches MVR 8.5 billion
    September 5, 20231 Min Read
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    The cumulative total of Goods and Services Tax (GST) as of August 24, reached MVR 8.5 billion.

    From the total GST collection, state earned MVR 5.7 billion in Tourism Goods and Services Tax (TGST) and MVR 2.8 billion in General Goods and Services Tax (GGST).

    Top Tax Revenues

    1. TGST: MVR 5.8 billion
    2. GGST: MVR 2.8 billion
    3. Corporate Income Tax: MVR 2.6 billion
    4. Import Duties: MVR 2.0 billion
    5. Withholding Tax: MVR 783.9 million

    Top Non-Tax Revenues

    1. Rent from Resorts: MVR 965.5 million
    2. SOE Dividends: MVR 658.4 million
    3. Airport Development Fee: MVR 644.1 million
    4. Registration and License Fees: MVR 514.7 million
    5. Interest and Profits: MVR 487.9 million

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