265% increase in GST collection in Faridabad

 









Faridabad, one of the leading contributors of revenue (GST) in the state, has recorded a sharp increase of 265.53 per cent in tax collection in the first four months of this year in comparison to the corresponding period of the last year.

An official of the Excise and Taxation Department said Rs 1193.36 crore had been collected in the period between April and July this year, which was 2.65 times the revenue collected in the same period of 2020-21. The department has registered a jump of 198 per cent in the collection in July this year against the collection in the corresponding period (month) of the last year. The collection in July this year stood at Rs 334.45 crore against Rs 168.31 crore collected in the same period of 2020-21.

The department has been divided into four zones of South, West, North and East districts, each headed by an official of the rank of DETC (Deputy Excise and Taxation Commissioner). South district achieved the top slot with an increase of 364.27 per cent in the quarter between April and July this year. The rise recorded by West, North and East districts has been 181.06, 196.34 and 142.96 per cent, respectively, in this period. With 364.27 per cent rise in the month of July in comparison to the same period last year, the South district remained the topper.

Claiming that the rise was mainly due to increase in commercial and manufacturing activities in the wake of the relaxation of the Covid norms and mass vaccination programme, Ravinder Singh, DETC, said the improvement was likely to keep up its pace . Given the fact that the collection dipped by more than 33 per cent till December 2020, he said the situation last year had been poor , due to Covid and lockdown conditions, which led to disruption in manufacturing and the sale of the industrial and commercial products and services. The department had collected Rs 1,738 crore in the nine months period between April and December 2020, which was 867.85 crore lower than the amount of Rs 2605.85 crore collected in the same period of 2019.



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