{"id":6833,"date":"2023-09-05T09:54:36","date_gmt":"2023-09-05T04:54:36","guid":{"rendered":"https:\/\/mbt.mv\/?p=6833"},"modified":"2023-09-05T09:54:36","modified_gmt":"2023-09-05T04:54:36","slug":"gst-year-to-date-total-reaches-mvr-8-5bn","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=6833","title":{"rendered":"GST year-to-date total reaches MVR 8.5bn"},"content":{"rendered":"

The cumulative total of Goods and Services Tax (GST) as of August 24, reached MVR 8.5 billion.<\/p>\n

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).<\/p>\n

Top Tax Revenues<\/h1>\n
    \n
  1. TGST: MVR 5.8 billion<\/li>\n
  2. GGST: MVR 2.8 billion<\/li>\n
  3. Corporate Income Tax: MVR 2.6 billion<\/li>\n
  4. Import Duties: MVR 2.0 billion<\/li>\n
  5. Withholding Tax: MVR 783.9 million<\/li>\n<\/ol>\n

    Top Non-Tax Revenues<\/h1>\n
      \n
    1. Rent from Resorts: MVR 965.5 million<\/li>\n
    2. SOE Dividends: MVR 658.4 million<\/li>\n
    3. Airport Development Fee: MVR 644.1 million<\/li>\n
    4. Registration and License Fees: MVR 514.7 million<\/li>\n
    5. Interest and Profits: MVR 487.9 million<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

      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 TGST: MVR 5.8 billion GGST: MVR 2.8<\/p>\n","protected":false},"author":4,"featured_media":6597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2424,2428],"tags":[1481,1603,1727,1981,2038],"class_list":{"0":"post-6833","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"category-public-sector","9":"tag-ministry-of-finance","10":"tag-non-tax-revenue","11":"tag-public-finance","12":"tag-state-revenue","13":"tag-tax-revenue"},"yoast_head":"\nGST year-to-date total reaches MVR 8.5bn - Maldives Business Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mbt.mv\/?p=6833\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GST year-to-date total reaches MVR 8.5bn - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"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). 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