Punjab has registered an increase of 70.65 percent in the collection of VAT (value added tax) and CST (Central Sales Tax) for the month of November this year — recording a collection of Rs 765.25 crore in November 2020 against Rs 448.42 crore in November 2019.
“The gross GST revenue collection for Punjab for the period April to November, 2020, stands at Rs 6,814.29 crore in comparison to Rs 8,842.79 crore for the similar period of last year thereby denoting a fall of 22.94 percent,” said a spokesperson of Punjab Taxation Commissioner’s Office.