Chandigarh logs 4% growth in GST collection in October this year : The Tribune India

Join Whatsapp Channel

Chandigarh logs 4% growth in GST collection in October this year

Nets Rs 158 cr against Rs 152 cr during corresponding period in 2020

Chandigarh logs 4% growth in GST collection in October this year

With economic activities returning to near normal after a sharp decline in fresh Covid-19 cases, the tax collection has also improved in the city. - File photo



Dushyant Singh Pundir

Tribune News Service

Chandigarh, November 1

With economic activities returning to near normal after a sharp decline in fresh Covid-19 cases, the tax collection has also improved in the city. The gross Goods and Services Tax (GST) collected in the UT in October stood at Rs158 crore, 4 per cent higher than the revenue generated in the same month last year.

According to the Ministry of Finance, the GST collection in the UT stood at Rs158 crore in October, whereas the city had received a revenue of over Rs152 crore during the same period last year.

The GST collection in September stood at Rs152 crore, which was 8 per cent higher than the revenue of Rs141 crore generated during the same month last year.

In August, the GST collection stood at Rs144 crore, 4 per cent higher than the revenue of Rs139 crore received during the corresponding period last year.

With a gross GST collection of Rs169 crore, the UT Administration had registered a robust growth of 23 per cent in July this year in comparison to the revenue of Rs137 crore generated in July last year. However, the Finance Ministry did not release the state-wise data of the GST collection during January, April, May and June, 2021. In March, the GST collection was Rs165.27 crore, 8 per cent more than the revenue of Rs153.26 crore generated during the same period last year.

The GST collection stood at Rs148.5 crore in February, 14 per cent less than the revenue of Rs172.37 crore received during the corresponding period last year.

The GST collection stood at Rs158 crore in December 2020, Rs141 crore in November, Rs151.98 crore in October and Rs141.48 crore in September last year.


Top News

Excise 'scam': AAP to be made accused in money-laundering case, ED tells Delhi High Court

Excise 'scam': AAP will be made co-accused in money laundering case, ED tells Delhi High Court

Political parties can be prosecuted for money laundering, De...

1 dead, 7 rescued after fire breaks out at Income Tax office in Delhi

1 official dead, 7 rescued after massive fire breaks out at Income Tax office in Delhi

The I-T department says there is no data loss pertaining to ...


Cities

View All