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VAT & CST collections register 28.70% growth during September: Harpal Singh Cheema

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Chandigarh: Punjab Finance, Planning, Excise and Taxation Minister Advocate Harpal Singh Cheema on Thursday annoinced that the state has recorded a robust 22.11 per cent year-on-year growth in Net GST collection during September 2026. The State’s Net GST collection increased from ₹1,973.12 crore in September 2025 to ₹2,409.47 crore in September 2026, registering an increase of ₹436.35 crore.

Giving details of the revenue performance in a press communique issued here, the Finance Minister Harpal Singh Cheema said, “SGST cash collection increased from ₹738.05 crore to ₹877.82 crore, registering 19 per cent growth which is highest in the Country.

Cheema said that alongside revenue mobilisation, the Excise and Taxation Department intensified intelligence-based enforcement and anti-evasion operations during September, with penalties amounting to approximately ₹142 crore imposed during the month. He said, “Enforcement operations focused on fraudulent Input Tax Credit, bogus billing, undocumented movement of goods and high-risk industrial and commercial corridors.”

Reiterating the State Government’s focus on compliance, Finance Minister Cheema said that technology-driven analytics, intelligence inputs and coordinated field enforcement would continue to be used to detect tax evasion while facilitating compliant taxpayers.

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