Ludhiana division leads in GST collection

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New Delhi: Ludhiana division leads the state in GST collection in the first four months of the current financial year, registering a collection of Rs 1714.35 crore. Faridkot division has recorded the highest growth rate with an increase of 34 percent compared to 2021-22.

Giving this information here today, an official spokesperson of the Revenue department said that during the same period, the Ropar Division with a collection of Rs. 981 crore and Ferozepur division with a growth rate of 27 percent stood second in the state.

Disclosing the data on the growth rate of VAT collection recorded in the various divisions during the first four months of the current financial year, the spokesperson said that compared to the same period of the previous financial year , Faridkot division has recorded an increase of 34 percent, Ferozepur division 27 percent, Jalandhar division 22 percent, Amritsar division 21 percent, Ludhiana division 20 percent, the Patiala division 14 percent and the Ropar division registered a negative growth rate of 1 percent.

Giving an account of the total amount of GST collected, the spokesperson said that Ludhiana has collected the highest amount of Rs 1,714.35 crore, Ropar Rs 981 crore, Jalandhar Rs 680.84 crore, Jalandhar Rs 472.56 crore of rupees from Faridkot division, 443.46 crores from Amritsar. crore and Ferozepur division collected Rs.203.31 crore in the first four months of the current financial year.

The spokesperson said that during the meeting of the Tax department held last Monday, Finance Minister Advocate Harpal Singh Cheema has expressed satisfaction over the performance of various divisions and directed the officials to improve it. He said that despite not getting GST compensation from the Centre, the Punjab government under the leadership of Chief Minister Bhagwant Mann is committed to making the state financially independent.



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