UP Excise department registers revenue increase of around Rs.300 crore
The Uttar Pradesh government’s revenue collection increased by Rs.1,220 crore in August 2023 as compared to the corresponding period last year.
Even the excise department registered a revenue increase of around Rs.300 crore as it collected around Rs.3,300 crore in August 2023 as compared to around Rs.3,000 crore in August last year.
The Uttar Pradesh government also claimed a consistent increase of Rs.1,219.39 crore in its earnings, collecting a total revenue of Rs.14,243.82 crore in August 2023, compared to Rs.13,024.44 crore collected in the corresponding month last year.
Elaborating on revenue realization in other sectors, Suresh Khanna said the UP’s GST collection in August 2023 was Rs.5425.21 crore while in the corresponding period last year, it was Rs.4658.09 crore.
Similarly, VAT collection in August this year was Rs.2489.65 crore against Rs.2470 crore in last August.
Total revenue increase was Rs.786.68 crore as compared to last year.
Collection from stamp and registration stood at Rs.2427.52 crore in August this year against Rs.2063.39 crore in the corresponding period last year. The total revenue increase was Rs.364.13 crore.
The transport department’s revenue collection was Rs.717.01 crore in August 2023 against Rs.659.27 crore in August 2022, Khanna said and added that the mining and mineral department revenue realization was Rs.203.96 crore in August 2023 against Rs.174.84 crore in August 2022.
Clarifying treasury data showing a loss of Rs.18.26 crore, Finance Minister Suresh Khanna said since the data was available only till August 30 it showed the loss, otherwise the excise department also recorded an increase in revenue realization.
Senior officials of the excise department said the loss is being reflected since the final computation could not be updated at the treasury level even though the department has registered higher revenue as compared to August last year.
[With Inputs from IANS]
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