Pune Zone collects Rs. 22,268 cr from GST
The growth in collection achieved by Pune zone is around 38 per cent
Pune: The Central Goods and Service Tax (CGST) of Pune zone achieved a new mark after implementation of the Goods and Services Tax (GST) in July 2017. The growth in collection achieved by Pune zone is around 38 per cent.
According to the source from CGST, “The revenue collection in Pune zone during July 1, 2017 to June 30, 2018, is Rs 22,268 crore from CGST, IGST, CESS and Rs 10,095 crore from State GST (SGST). If compared to Central Excise and Service Tax Collection of 2016-17, GST collection (excluding SGST) in the year 2017-18, the growth achieved by Pune zone is around 38 per cent.”
On Sunday, Hasmukh Adhia, Finance Secretary, announced that GST revenue mop-up rose to Rs 95,610 crore in the month of June, as against Rs 94,016 crore in the previous month.
“In April 2018, the collections from GST were over Rs 1.03 lakh crore. It’s (Rs 1 lakh crore) not the norm still. We hope to bring it (GST revenue) to the level of Rs 1 lakh crore (every month), Adhia said on GST-Day celebrations in New Delhi.
He said the average monthly collection in the previous fiscal was Rs 89,885 crore. “If bogus bills are not issued, then revenues would improve further in the coming months.”
Adhia also acknowledged the efforts of stakeholders, officers, and businesses in making GST, which was rolled out on July 1 last year, a success.
As per the officials of CGST, “Total number of tax payers with CGST Pune zone is 1,35,299 out of which 90,124 are new registrations.”