Odisha Collects Rs. 827.43 Cr in GST in May | News Room Odisha

Odisha Collects Rs. 827.43 Cr in GST in May

Bhubaneswar: Odisha has collected Rs 827.43 crore GST during the month of May 2021.
This has been informed by the Commissionerate of CT & GST, Cuttack on Thursday.

The collection of Rs. 827.93 core is as compared to collection of Rs. 589.30 crore during May 2019 and Rs. 440.67 crore during May 2020 (affected by COVID) recording a growth of 40.40% (against the collection of Rs. 589.30 Cr recorded during May ’19).

The growth of collection of OGST is despite the extension of return filing date by the GST Council and poor filing of returns/ payment of tax by dealers having turnover of less than Rs. 5 crore. This growth of 40.40% in OGST collection during May ’21 is a result of better compliance by dealers having turnover of more than Rs. 5 crore during previous year, increased collection from iron and steel sector as well as collection from matured GST demand made by tax officers after return scrutiny.

There is also collection of Rs. 690.32 crore in CGST, Rs 1094.70 crore in IGST & Rs 584.30 crore in Cess. The total GST collection during May 21 is Rs 3196.75 crore as compared to Rs 2140.37 core collected during May 2019 and Rs. 1724.26 core collected during May 2020. This represents a growth of 49.34% against collection of May 19.

The total collection of VAT (Petrol and Liquor) is Rs. 792.71 crore during May ’21 as against Rs. 588.81 crore during May ‘19 and Rs. 188.52 crore during May ’20 with growth rate of 34.69% (against collection of May ’19).

Out of the above, collection from Petroleum Products is Rs. 665.83 crore during May 21 as compared to Rs. 459.27 crore during May 19 and Rs. 187.30 crore during May 20. Similarly, the collection from liquor is Rs. 126.88 crore during May 21 against Rs.129.53 crore during May 19 and Rs.1.21 crore during May 20.

CT & GST Organization has been focusing on increasing the tax-base of GST with regular survey and registration. 5479 numbers of new registrants have been brought under the GST fold during April and May 2021-22.

All Circles have been instructed to ensure 90% return filing within due date. 4508 nos. of GSTR 3A notices have been issued to Non Filers during April ’21 while 922 nos. of assessment U/s 62 have been initiated for non filing of returns during April 21, a statement said.

During the recent review with Tax Officials, Commissioner of CT & GST, Sushil Kumar Lohani, IAS has instructed all the field officers to detect the wrong return filers by applying data analytics and collect all taxes from them as per the provisions of law.

Tax Officials have been further instructed to facilitate genuine tax payers and ensure that they are not put to any unnecessary harassment, it added.