Odisha records 47% growth in SGST collection in January

Odisha

Bhubaneawar, February 3: Odisha has recorded 47% growth in collection of SGST in January as total collection is estimated at Rs 1,143.14 crore against Rs 777 crore collected during the same month last year. Gross GST collection during January stood at Rs 3,995 crore.

The collection of Rs 1,143.14 crore during January, 2022 is also the third highest ever gross collection of GST by the State since the inception of GST.

The progressive gross SGST collection till January 22 is Rs 10,239.39 crore as against Rs 6,556.47 crore collected till January 2021 with growth rate of 56.17%. The corresponding collection till January 2020 was Rs 7,131.80 crore.

The total gross GST collection of Odisha has been recorded at Rs 3995.40 crore during January, 2022 as against Rs 3137.45 crore collected during January, 2021 registering a growth of 27.35%.

Similarly, the progressive gross GST collection till January, 2022 is Rs 36,108.52 Crore against Rs 23,226.91 crore collected till January, 2021 with growth of 55.46%. The corresponding collection till January, 2020 was Rs 24,254.21 Crore.

There is also a collection of Rs 965.92 crore in CGST, Rs 1134.15 crore in IGST & Rs 752.19 crore in Cess during the month of January, 2022. The total collection of VAT (Petrol & Liquor) is Rs 853.43 crore during last month as against Rs 835.23 Crore during Jan 2021 with growth rate of 2.18%.

Out of the above, collection from petroleum products is Rs 657.99 crore while collection from liquor is Rs 195.43 crore during the month.

The officials said that the growth of GST during the current FY is a result of better non filer management and regular return scrutiny by circles combined with enforcement activities which have resulted in better compliance by taxpayers.

During the current Financial Year, 39725 numbers of new taxpayers have been bought under the GST fold. A special two months drive for “survey and registration” of all potential GST & profession tax payers throughout the State was completed recently during which nearly 19,000 persons were contacted by State Tax Officers out of which 3,727 eligible taxpayers were bought under the GST fold and 3305 eligible persons were bought under the Profession Tax fold.

During the current FY, six accused persons have been arrested for availing & passing on of bogus ITC total amounting to Rs 461.54 crore.

Further, 183 business premises have been raided resulting in detection of fraud and collection of tax and Penalty to the tune of Rs 29.67 crore on spot. Tax and Penalty collected during current FY through mobile activities & Transport Go-down Checking is Rs 19.72 crore.

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