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HomeGST NEWSCovid effect: GST collections drop 31% during April-Aug

Covid effect: GST collections drop 31% during April-Aug

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The GST revenue collection in Punjab stood at Rs 987.20 crore during the month of August 2020 while it was Rs 1,014.03 in August month of last year. It led to decline of 2.64 per cent. A spokesperson of the Punjab Taxation Commissioner’s Office has stated that GST Collection for the period of April to August stood at Rs 3,630.48 crore in comparison to Rs 5,266.06 crore for the similar period last year. This shows a fall of 31.05 percent.

https://www.tribuneindia.com/news/punjab/covid-effect-gst-collections-drop-31-during-april-aug-135875

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