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Net GST collection up 63%: Punjab minister

Finance, Planning, Excise and Taxation Minister Harpal Singh Cheema announced on Sunday that the state witnessed a growth of 62.93 per cent in the net GST collection during November. He said the net GST collection for November this year amounted...
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Finance, Planning, Excise and Taxation Minister Harpal Singh Cheema announced on Sunday that the state witnessed a growth of 62.93 per cent in the net GST collection during November. He said the net GST collection for November this year amounted to Rs 2,477.37 crore, up from Rs 1,520.55 crore in November 2023, marking an increase of Rs 956.82 crore.

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The total net GST collection up to November this financial year reflects an increase of 10.30 per cent compared to the same period in 2023-24. The figure this year is Rs 15,392.79 crore, compared to Rs 13,955.38 crore during the same period in 2023-24, reflecting an increase of Rs 1,437.41 crore.

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