June GST mop-up down by 2% in Chandigarh
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After witnessing the highest-ever tax generation in May, the Goods and Services Tax (GST) collection witnessed a decline of 2% in June this year in comparison to the gross levy collected during the corresponding period last year.
According to the Ministry of Finance, the collection for June this year stood at Rs 220 crore, which is Rs 4 crore less than Rs 224 crore mopped up in the same month last year.
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At Rs 363 crore, the UT had registered a record increase of 53% in the gross GST collection in May this year. The collection was Rs 237 crore during the same month in 2024. The city had seen a 7% hike in the GST collection in April this year at Rs 334 crore, which was Rs 21 crore more than Rs 313 crore collected during the same month last year.
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