Odisha records 25 pc growth rate in GST collection of Rs. 1732 Cr during June

Jul 1, 2023 - 19:02
 0  86
Odisha records 25 pc growth rate in GST collection of Rs. 1732 Cr during June

In an interesting development Odisha has collected GST (OGST and IGST) settlement to the tune of Rs. 1732.49 Cr during June 2023 as against collection of Rs. 1384.59 Cr during June 2022 recording a growth of 25.13 percent.

The progressive collection to be retained by the State (OGST + IGST settlement) till June 2023 stands at Rs. 5661.97 Cr against a collection of Rs. 4350.88 Cr till June 2022 recording a growth of 30.13 percent.

With regard to Gross GST collection (OGST+IGST+SGST+Cess), the State has recorded a collection of Rs. 4379.97 Cr during June 2023 against collection of Rs.3965.28 Cr over corresponding period of June 2022 with a growth rate of 10.46%.

The progressive Gross GST collection up to June 2023 stands at Rs. 13,813.44 Cr against a collection of Rs. 12,831.26 Cr up to June 2022 recording a growth rate of 7.65 percent. The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax is Rs. 2865.01 Cr during the month of June 2023 as against collection of Rs. 2516.81 Cr during June 2022 with a growth rate of 13.84 percent.

During June 2023, 18.79 waybills have been generated vis-a-vis 15.33 lakh of way bills generated during 2022 recording a growth of 22.56 percent reflecting the buoyancy in the economic sector.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow