GST collection rises by 44% till October

Shimla, November 1

The GST collection improved in October to Rs 375.73 crore compared to Rs 328.55 crore in September.

A spokesperson for the Excise and Taxation Department said today that the cumulative GST collection in the current financial year till October stood at Rs 2,431.19 crore against Rs 1,694.04 crore during the corresponding period last year. He added that the cumulative GST revenue growth so far in the current year is 44 per cent.

"The GST revenue has continuously grown in the current financial year despite curbs imposed due to the second wave of Covid," he added.

He said that some of the reasons for the positive growth rate are monitoring of top taxpayers, and regular review of the performance of field functionaries.—TNS

Courtesy: Tribune News Service

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