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Punjab Finance, Planning, Excise and Taxation Minister Harpal Singh Cheema has said Punjab has collected a GST of Rs 10,604 crore during the first six months of the current financial year, crossing the Rs 10,000 mark for the first time since the implementation of the GST regime. In a statement here, the Finance Minister said the state had seen a growth of 22.6 per cent in the GST collection in the current fiscal as against the same period last year. He added that during the first six months o
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FAQ :
Punjab has collected £10,604 crore in GST during the first six months of the current financial year.
Punjab's GST collection has seen a growth of 22.6% in the current fiscal year compared to the same period last year.
The state earned £1,954 crore more in GST collection this year compared to the first six months of the last financial year.
The GST collection for September this year was £1,710 crore.
The state government estimated a GST collection of £20,550 crore in its maiden budget for the financial year 2022-23.
The state government passed the Punjab Goods and Services Tax (Amendment) Bill, 2022, to plug loopholes and stop bogus billing.
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