Home News

Haryana become 6th state in terms of GST revenue collections for july, says Govt. official

SHARE

Chandigarh – The Haryana government declared that the state was at the sixth position regarding revenue collection for the Goods and Services Tax (GST) and the collections amounted to nearly ₹ 4,500 crores.

The numbers came as of 31st of August, 2017 and the Finance minister of the state Abhimanyu happily said that Haryana was way ahead of the neighboring states. He also thanked the community for successfully implementing GST in Haryana.

Mr. Abhimanyu also added that 76.98% of the total tax payers or dealers who had enrolled, filed their GSTR-3B returns as compared to the national average of 72%. He was also full of appreciation for the efforts that had been put by the Excise and Taxation department for the implementation of the GST. Haryana surpassed its neighboring states such as Punjab, which was able to deposit ₹ 1,516.32 crores, Himachal Pradesh ₹ 820.67 crores, J&K ₹ 263.99 crores, Delhi ₹ 3,236.91 crores and Union Territory Chandigarh ₹ 174.1 crores.

The only states that have had contributions more than Haryana are the states that are larger in an area other than Haryana, such as Uttar Pradesh, Maharashtra, Tamil Nadu, Karnataka, and Gujarat.

If the total GST collection were to be segregated then, the GST included ₹ 794.65 crores as the central goods and service tax (CGST), ₹ 2,246.80 crores as the integrated goods and service tax (IGST), ₹ 1,263.84 crores as the state goods and service tax (SGST) and a cess of ₹ 342.65 crores.

He also mentioned that the GST payment of ₹ 268.31 crores, ₹ 253.489 crores, ₹ 244.078 crores and ₹ 215.96 crores were made by district Panipat, Rewari, Sonepat, and Ambala in Haryana.

Taking Gurugram into perspective, he mentioned that Gurugram East topped the list with its contribution of ₹ 701.623 crores, which was followed by Gurugram north with ₹ 593.224 crores, west with the collections of ₹ 324.631 crores and Gurugram south with collections of as much as ₹ 234.313 crores.

Overall he was delighted and satisfied with the collections and how smoothly Haryana adopted the entire process.

SHARE
Jatin Aggarwal
A guy from the family of commerce background. Having practical experience in the field of taxation, accounting, corporate laws. He is a commerce graduate and pursuing CA (Final). Jatin is responsible for exclusive interviews and opinion based articles about the GST.

Leave a Reply