Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds
search-icon-img
search-icon-img
Advertisement

GST December collections witness 6% dip in Chandigarh

Dushyant Singh Pundir Tribune News Service Chandigarh, January 1 Despite rapid economic recovery post-pandemic, the goods and services tax (GST) collection dipped by 6 per cent in the UT in the month of December in comparison to the amount of...
  • fb
  • twitter
  • whatsapp
  • whatsapp
Advertisement

Dushyant Singh Pundir

Tribune News Service

Chandigarh, January 1

Advertisement

Despite rapid economic recovery post-pandemic, the goods and services tax (GST) collection dipped by 6 per cent in the UT in the month of December in comparison to the amount of levy collected in the same month last year.

According to the Finance Ministry, the gross GST collection in the UT stood at Rs158 crore in December 2020, which was 6 per cent less in comparison to Rs168 crore received during the corresponding period in 2019.

Advertisement

An official said in December 2020, the Excise and Taxation Department had received Rs17 crore more than the previous month. In November 2020, the tax collection stood at Rs141 crore, which was 14 per cent less in comparison to Rs165 crore, the revenue received during the same month in 2019.

In October last year, the UT had collected tax to the tune of Rs151.98 crore, which was 3.21 per cent less in comparison to Rs157.02 crore, the collections made in the same month in 2019. In September 2020, the gross GST collection was 10 per cent lower than that of the corresponding period in 2019.

The gross tax collection in September 2020 stood at Rs141.48 crore, whereas in the same month in 2019, the UT had seen GST collections of Rs156.51 crore.

The UT got nearly 8 per cent more revenue in the form of gross GST collections in September 2020 in comparison to the amount received in August 2020.

The gross GST collection in August last year was Rs138.52 crore, which was nearly 13 per cent less than the previous year when Rs160.08 crore tax was collected.

The official said the GST collections in July were Rs137.33 crore. Due to the imposition of the lockdown, the UT had collected a meagre revenue of Rs40.34 crore in April, which increased to Rs103.44 crore in May. However, with selective opening of business establishments in Unlock 1.0, the revenue collection witnessed a sharp increase and the UT recorded a collection of Rs158.69 crore in June, the highest in this financial year.

Advertisement
Advertisement
Advertisement
Advertisement
tlbr_img1 Home tlbr_img2 Opinion tlbr_img3 Classifieds tlbr_img4 Videos tlbr_img5 E-Paper