Odisha Achieves 12.85% Growth in GST Collection in September 2023
Bhubaneswar: Odisha has achieved a growth rate of 12.85% in gross GST (Goods and Services Tax) collection for the month of September 2023 compared to the same period in 2022. Odisha’s gross GST collection (OGST+ IGST + CGST+ Cess) during September 2023 stood at Rs. 4249.12 crore against collection of Rs. 3765.17 crore during Sept [...]
Bhubaneswar: Odisha has achieved a growth rate of 12.85% in gross GST (Goods and Services Tax) collection for the month of September 2023 compared to the same period in 2022.
Odisha’s gross GST collection (OGST+ IGST + CGST+ Cess) during September 2023 stood at Rs. 4249.12 crore against collection of Rs. 3765.17 crore during Sept ‘22 with a growth rate of 12.85%.
The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax is Rs. 2638.17 crore during the month of Sept ‘23 as against collection of Rs. 2070.26 crore during Sept ‘22 with a growth rate of 27.43%. During September 2023, 20.66 Lakh of waybills have been generated vis-àvis 17.66 Lakh of waybills generated during September 2022 recording a growth of 16.98% reflecting the buoyancy in the economic sector.
The monthly collection to be retained by the State (OGST + IGST Settlement) during September ‘23 stands at Rs. 1651.58 crore against a collection of Rs. 1157.08 crore during September ‘22 recording a growth of 42.74%. Till Sept ‘23, the State has collected OGST and IGST Settlement to the tune of Rs.10440.74 crore with a progressive growth rate of 23.27%. The OGST collection during September ‘23 is recorded at Rs. 1197.37 crore against collection of Rs. 926.96 crore during September ‘22 with growth rate of 29.17%, according to an official statement.
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