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

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.