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Money matters: Himachal’s GST collection sees 13% rise in 2 months

The department has collected ₹1,004 cr till May 31, in comparison to ₹890 cr collected in this period last year

Updated on: Jun 1, 2023, 22:26:57 IST
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The Department of State Taxes and Excise, Himachal Pradesh, has registered a growth of 13% in Goods and Services Tax (GST) collection during the first two months of financial year 2023-24.

The department has set its sights on verifying 13 lakh e-way bills throughout the current financial year.
The department has set its sights on verifying 13 lakh e-way bills throughout the current financial year.

The department has collected 1,004 crore till May 31, surpassing the amount of 890 crore collected during the corresponding period in the previous financial year.

This noteworthy increase reflects the department’s dedicated efforts in bolstering return monitoring, expediting return scrutiny, ensuring timely completion of GST audits, and enhancing the capabilities of tax officers, said commissioner of state taxes and excise Yunus.

He said with an unwavering focus on optimising revenue generation, the department has set its sights on verifying 13 lakh e-way bills throughout the current financial year.

Notably, within the first two months, the department scrutinised 1.85 lakh e-way bills, leading to the imposition of penalties amounting to 92 lakh on violators. This proactive approach is aimed at ensuring compliance and deterring potential instances of tax evasion.

He emphasised the department’s commitment to maintaining fiscal discipline, combating tax evasion, and fostering a transparent and efficient tax regime.

 
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