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Friday, September 24th, 2021

Growth of 50.7 percent in GST collection registered in July

INVC NEWS 
Shimla,
A spokesperson of Excise and Taxation Department informed here today that the monthly GST collection of the state has registered a growth of 50.7 percent in July 2021. He said that the GST Collected in this month stands at Rs. 473.81 crore which is the highest GST collection in any single month since implementation of GST. The cumulative GST collections up to July-2021 now stand at Rs. 1301.03 crore. The state had collected Rs. 705.26 crore during the corresponding period in the last financial year.

The spokesperson said that the some of the reasons for the improved GST collections are increased business activities in the state, improvement in return filling as a result of better monitoring of taxpayers, and more effective enforcement activities by the department.

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