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Punjab gross GST collection stands at Rs 987.2 cr during August 2020

Chandigarh, Sep 3 (UNI) The gross GST revenue collection for Punjab stands at Rs 987.20 crore during the month of August, 2020 against Rs 1,014.03 crore for the corresponding period of last year thereby registering a decline of 2.64 per cent.
Notably, the taxpayers had been provided relief in the furnishing of returns for the previous months due to COVID-19. Further, taxpayers with turnover less than Rs five crore in the previous year continue to enjoy relaxation in furnishing of returns till September, 2020.
According to a spokesperson of Punjab Taxation Commissioner's Office, the gross GST revenue collection for Punjab for the period April to August, 2020 stands at Rs 3630.48 crore in comparison to Rs 5266.06 crore for the similar period of last year thereby denoting a fall of 31.05 per cent.
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