Odisha Reports Robust GST-SGST Collections In January 2024

Bhubaneswar: Odisha has recorded the second highest ever collection of Gross GST of Rs. 4963.16 Crore as well as third highest ever collection of State GST (OGST + IGST settlement) of Rs. 2271.77 Crore during the month of January 2024. According to a Press Release of the Commissionerate of CT & GST, Government of Odisha, the State has recorded the second highest ever collection of Gross GST (CGST+ IGST+ OGST + Cess) with a collection of Rs. 4963.16 crore during January 2024 against the corresponding collection of Rs. 4255.59 crore recorded during January 2023, registering a growth rate of 16.63 percent. The progressive Gross GST collection during FY 2023-24 (till January 24) stood at Rs. 44502.83 crore with growth of 10.78 percent over the corresponding period of FY 2022-23.

Odisha has also recorded the third highest ever collection of State GST (OGST + IGST Settlement) with a collection of Rs. 2271.77 crore during January 2024 against the corresponding collection of 1800.86 crore recorded during January 2023, registering a phenomenal growth rate of 26.15 percent. The progressive collection of State GST (OGST + IGST Settlement) up to the month of January 2024 stood at Rs. 19600.78 crore against collection of Rs. 15036.38 crore upto January 2023, registering a growth rate of 30.36 percent. The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including OGST/ IGST Settlement / VAT and Profession Tax during January 24 stood at Rs. 3399.93 crore against collection of Rs. 2942.81 crore during January 23, with a growth rate of 15.53 percent. The progressive collection under all Acts upto January 24, was Rs. 29391.65 crore with a growth rate of 20.54 percent over the corresponding collection upto January 23.

During January 24, 22.70 lakh waybills were generated vis-à-vis 19.90 lakh waybills generated during January 2023 recording a growth of 14.02 percent reflecting the buoyancy in the State economy. Out of the 22.70 lakh e-waybills generated during January 24, 13.35 lakh were intra-state waybills while 9.34 lakh were inter-state waybills.