📷 Image: Wikimedia Commons / Sarkar Sayantan
Business
CGST Chief Says Tripura’s Rubber Industry Could Drive GST Revenue
✍️ TripuraTimes.com
🗓 03 Nov 2026, 02:36 PM
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CGST chief Kul Prakash Singh has highlighted the potential of Tripura’s rubber sector to become a significant source of GST revenue for the state.
CGST chief Kul Prakash Singh has emphasized that the rubber industry in Tripura could become a major driver of GST revenue.
During a recent briefing, Singh pointed out that Tripura is one of the leading producers of natural rubber in India and that the sector has been growing steadily.
He added that by strengthening tax compliance and simplifying the GST filing process for rubber traders, the state could capture a larger share of the tax base.
The chief also noted that increased revenue would help fund state development projects and improve public services.
Singh’s remarks come as Tripura seeks to diversify its economy beyond traditional sectors.
During a recent briefing, Singh pointed out that Tripura is one of the leading producers of natural rubber in India and that the sector has been growing steadily.
He added that by strengthening tax compliance and simplifying the GST filing process for rubber traders, the state could capture a larger share of the tax base.
The chief also noted that increased revenue would help fund state development projects and improve public services.
Singh’s remarks come as Tripura seeks to diversify its economy beyond traditional sectors.