GST revenues continue to rise in Hry

| | Chandigarh
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GST revenues continue to rise in Hry

Wednesday, 04 December 2019 | PNS | Chandigarh

High growth in the GST revenue of Haryana continued for the fifth month in a row in the current financial year with the revenue recording a growth rate of 33.5 per cent in November, 2019 over the corresponding month of the previous ?nancial year.

A spokesman of Excise and Taxation Department on Tuesday said the overall growth of the State in the last ?ve months of the current ?nancial year in State GST is 31.15 per cent over the corresponding ?ve months of the previous ?nancial year.

The State also recorded a high jump in the collections under all the Acts of the GST in the month of November, 2019. The overall collection under all Acts of GST from the State stood at Rs. 5904.56 crore in the month of November, 2019 against collection of Rs. 4678.53 crore in November, 2018 recording a growth of 26.2 per cent. The growth rate of 26.2 per cent of the State under all Acts of GST is against a national growth rate of 5.9 per cent in November 2019.

The spokesman said the return compliance of the State of the return ?ling month of November was 78.13 per cent up to November 30, 2019 against the national percentage of 74.17 per cent.

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