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

Dushyant Singh Pundir

Tribune News Service

Chandigarh, September 1

With the easing of Covid-19 restrictions, the UT has registered a 4 per cent growth in gross Goods and Services Tax (GST) collection in August this year.

According to the Ministry of Finance, the GST collection in the UT stood at Rs144 crore in August, which was 4 per cent higher in comparison to the revenue of Rs139 crore received during the corresponding period last year.

However, the revenue generation in August dropped by Rs25 crore in contrast to the GST collected in July this year. With a gross GST collection of Rs169 crore, the UT Administration had clocked 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 in comparison to the revenue of Rs153.26 crore generated during the same period last year.

The GST collection stood at Rs148.5 crore in February, which was 14 per cent less in comparison to the revenue of Rs172.37 crore 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.