Chandigarh, April 2 – Haryana Excise and Taxation Department has achieved a significant milestone in revenue collection for the Financial Year 2024-25, surpassing its budget target. Against the allocated target of Rs 61,950 Crore, the Department successfully collected Rs 63,371 Crore, achieving 102.3% of the set target.
Sharing the information here today, an official spokesperson informed that SGST collections reached Rs 39,153 Crore, exceeding the budget target of Rs 37,500 Crore and registering an impressive 13.77% growth over the previous year (excluding cess). Similarly, Excise Duty collections stood at Rs 12,701 Crore, surpassing the budget target of Rs 12,650 Crore and marking a 12% increase from the previous year.
Meanwhile, VAT and CST collections amounted to Rs 11,517 Cr, reflecting a 1.6% increase over last year’s figures. This outstanding performance in revenue generation underscores the department’s commitment to efficient tax administration, policy reforms, and economic growth, he added.
