Odisha Posts Robust Growth in OGST Collection in May 2022
Bhubaneswar: Odisha has posted a robust growth in OGST collection for the month of May this year. The OGST collections stood at Rs. 1174.02 crore during May 2022 against Rs. 827.43 crore during May last year registering a growth of 41.89%. Odisha has also maintained the growth rate of gross GST with a collection of [...]
Bhubaneswar: Odisha has posted a robust growth in OGST collection for the month of May this year.
The OGST collections stood at Rs. 1174.02 crore during May 2022 against Rs. 827.43 crore during May last year registering a growth of 41.89%.
Odisha has also maintained the growth rate of gross GST with a collection of Rs 3955.75 crore during May 2022 as against Rs 3196.75 crore collected during May 2021 registering a growth of 24%.
There is also collection of Rs.978.25 crore in CGST with growth of 42%, Rs. 1105.51 crore in IGST with growth of 0.99% and Rs.697.97 crore in Cess with growth of 19% during May 2022.
The total collection of VAT (Petrol & Liquor) is Rs. 993.11 crore during May this year as against Rs.794.88 crore during the same month last year with growth rate of 25%. Out of the above, collection from Petroleum Products is Rs. 803.69 crore during May 2022 against Rs. 667.60 crore collected during May 2021 with growth of 20.38%.
Similarly, the collection from liquor is Rs 189.41 crore during May this year against Rs. 127.28 crore collected during May in the previous year with growth rate of 48.81%.
Odisha has also posted a growth of 35.52% in Profession Tax with a collection of Rs. 23.31 crore during May 2022 compared to collection of Rs. 17.20 crore during the same month last year, according to reports.
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