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Haryana sees record GST mop-up in Dec last year

Haryana chief minister Manohar Lal Khattar , who also oversees the finance department, on Tuesday lauded the significant rise in Goods and Services Tax (GST) collections by the Haryana Excise and Taxation Department. While India’s overall GST revenue for December 2023 hit Rs 1,64,822 crore, representing a 10.3% yearon-year increase, Haryana’s performance surpassed the national average.

The state’s gross GST collection for December 2023 reached Rs 8,130 crore, a remarkable 22% jump compared to Rs 6,678 crore in December 2022.

This growth outstrips the national average significantly, highlighting the effectiveness of Haryana’s economic policies and tax administration.

It’s noteworthy that neighboring states also experienced positive growth: Himachal Pradesh (5%), Punjab (8%), Delhi (16%), and Jammu and Kashmir (20%). Khattar said that the department’s performance in December, emphasizing its role in bolstering the state’s economic stability.

He further said that the surge in GST collection not only mirrors Haryana’s economic advancement but also signifies promising prospects for its overall development.

He expressed optimism for sustained growth, aiming to elevate Haryana’s economic and financial stature.

Source from: https://timesofindia.indiatimes.com/city/chandigarh/gst-collection-haryana-records-impressive-growth-in-december/articleshow/106500215.cms

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