The collection of IGV on the rise



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SUM 9 MONTH OF EXPANSION OF ECONOMIC DYNAMISM

In the last nine months, the General Sales Tax (GST) levy recorded positive growth rates, particularly higher than double digits last April, reports the Central Reserve Bank (BCR).

7/15/2018

According to the report Non-Financial Public Sector Operations: June 2018, the national government's tax revenue (8,182 million soles) increased 28% in June of this year compared to the same month of 2017.

The BCR reported that the highest revenues from internal and external VAT recovery were distinguished, due to the resumption of economic activity and measures such as l & # 39; increased rates. detraction; income tax, due to higher payments for legal entities, mainly mining companies; and the Selective Consumption Tax (SAI), due to the increase in rates and coverage of products subject to this tax. "The VAT rate (4 954 million soles) increased by 17.5% compared to the same month of 2017, both for domestic VAT (15.5%) and for external VAT (20.3%).

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