Odisha Mops Up GST Settlement of Rs. 1,733.62 Cr During August '23, Records 38.22% Growth

Bhubaneswar, September 1: The monthly collection to be retained by the State (OGST + IGST Settlement)    during August 2023 stands at Rs. 1,733.62 Cr against a collection of Rs. 1254.24 Cr during August ‘22 recording a growth of 38.22%.

Till August 2023, the State has collected OGST and IGST Settlement to the tune of Rs.8,877.21 Cr with a progressive growth rate of 21.40%. The OGST collection during August ‘23 is recorded at Rs. 1,332.99 Cr against collection of Rs. 1028.07 Cr during August ‘22 with growth rate of 29.66%.

With regard to Gross GST collection (OGST+IGST+SGST+Cess), the State has recorded a collection of Rs. 4408.27 Cr during August ‘23 against collection of Rs. 3883.90 Cr over corresponding period of August ‘22 with a growth rate of 13.50%.

The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax is Rs. 2793.38 Cr during the month of August ‘23 as against collection of Rs. 2219.81 Cr during August ‘22 with a growth rate of 25.84%.

During August 2023, 20.75 Lakh of waybills have been generated vis-à-vis 15.81 Lakh of waybills generated during August 2022 recording a growth of 31.24% reflecting the buoyancy in the economic sector.