July 1, 2021 9:10 PM

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Punjab: GST revenue during June, 2021 remains 25.06 % higher than revenue receipts corresponding to June, 2020

<span style="color: #222222;">Despite the second wave of COVID-19 pandemic and strict lockdown restrictions, the business community of Punjab has shown remarkable resilience by not only complying with the return filing requirements but also paying their GST dues in a timely manner during the month of June, 2021. Resultantly, the GST revenue collected during the month stood at 1087 crore rupees which was 869.66 crore rupees during the month of June, 2020.</span><br />'' <br />'' <span style="color: #222222;">Disclosing this, a spokesperson of the Taxation Department said that the GST revenue during the month of June, 2021 remained 25.06 % higher than the revenue receipts corresponding to the month of June, 2020. Likewise, the GST revenue upto the month of June, 2021 (First Quarter of 2021-22) is 123.48% higher than the corresponding period in the previous year.</span><br />'' <br />'' <span style="color: #222222;">The spokesperson said that the GST Compensation pending with Government of India  in respect of Punjab upto 30th June, 2021 has risen to 8495 crore rupees.</span><br />'' <br />''<p style="margin: 0px; text-align: justify;">  </p>

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