Breaking

Post Top Ad

SEMrush

Tuesday, 3 November 2020

With Rs 2,563 cr, GST collection up 66%

Tribune News Service

Chandigarh, November 2

By collecting Rs 2,563 crore as the state GST in October, Haryana has registered an increase of a record 66 per cent over Rs 1,544 crore collected during the corresponding month last year.

This is 10.25 per cent increase in GST collection registered at the national level, as Rs 1,05,155 crore was collected in October this year against Rs 95,380 crore recovered last year.

Sources in the Excise and Taxation Department said though the increase registered by all states was not immediately available, the increase of 66 per cent was likely to be the highest among all states.

As far as the total collection of all three types of GSTs (central, state and integrated) is concerned, Haryana registered an increase of 18.7 per cent by collecting Rs 5,433 crore in October this year against Rs 4,578 crore last year.

Posting a GST collection of over Rs 1 lakh crore for the first time in the past eight months has signaled the signs of recovery.

In September, the total collection of GST in the country was Rs 95,480 crore against Rs 91,917 crore in the corresponding month last year ndash; an increase of 3.88 per cent.

The GST collection registered a negative growth during April, May, June, July and August ndash; the five months after the lockdown.

Highest Among States

Sources in the Excise and Taxation Department said though the increase registered by all states was not immediately available, the increase of 66% was likely to be highest among all states



from The Tribune https://ift.tt/3oOk5df

No comments:

Post a comment