Odisha Registers Phenomenal Growth of 100.77 % in GST Collection in November 2023, Mops Rs. 2791.45 Cr

Bhubaneswar: Odisha has recorded the highest ever collection of State GST (OGST + IGST Settlement) with a collection of Rs. 2791.45 crore during November 2023 against a corresponding collection of Rs 1390.36 crore recorded during November ’22 registering a phenomenal growth rate of 100.77 %.

The progressive collection of State GST (OGST + IGST Settlement) upto the month of November 23 is Rs. 14913.16 crore against a collection of Rs. 11719.64 crore upto Nov ’22 registering a growth rate of 27.25%.

The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including OGST/ IGST Settlement / VAT/ Entry Tax and Profession Tax during November 23 is Rs. 3856.72 crore against a collection of Rs. 2308.92 crore during November ‘22 with a growth rate of 67.04%. The progressive collection under all Acts upto Nov 23 is Rs. 22510.56 crore with a growth rate of 18.91% over corresponding collection till Nov 22.

With regard to Gross GST collection (CGST+ IGST+ SGST+ Cess), the State has recorded a collection of Rs. 4295.08 crore during November ‘23 against collection of Rs. 4162.26 crore during November ‘22 with a growth rate of 3.19%. The progressive Gross GST collection during FY 2023-24 (till November 23) is Rs. 35188.25 crore with growth of 9.75% over corresponding period of FY 2022-23.

During November 2023, Rs 20.85 Lakh of waybills have been generated vis-àvis Rs 18.19 Lakh of waybills generated during November 2022 recording a growth of 14.62% reflecting the buoyancy in the economic sector. Out of the 20.85 Lakh ewaybills generated during Nov 23, Rs 12.39 Lakh were intra-state waybills while 8.46 Lakh were inter-state waybills (Rs 3.45 Lakh of incoming and Rs 5.01 Lakh of outgoing waybills).

Further till Nov 23, Rs 2.12 crore of IRNs (E-invoices) have been generated by taxpayers of Odisha with total transaction value of Rs. 592999.53 crore, according to an official release.