Odisha collects highest ever State GST with record growth of 52%

Odisha

Bhubaneswar, May 2: Odisha has recorded the highest ever OGST collection of Rs 1714.78 crore during April 2022 against Rs 1,126.67 crore during April 2021 with a growth of 52.20% surpassing the previous highest recorded in the month of March 2022 by a big margin of Rs 363.53 crore.

Odisha has also maintained the highest growth rate of gross GST amongst the major States with a collection of Rs 4,910.23 crore during April 2022 as against Rs 3,849.48 crore collected during April 2021 registering a growth of 28%. The gross collection during April ‘22 is also the highest in a month since inception of GST.

There is a collection of Rs 1,381.00 crore in CGST with growth of 45% and Rs 722.40 crore in Cess with growth of 18% during April 2022. However, IGST Monthly Settlement has shown a negative growth of 89% owing to substantial increase in inter-state sale during the month.

The total collection of VAT (Petrol & Liquor) is Rs 232.88 crore during April 2022 as against Rs 224.25 crore during April 2021 with growth rate of 3.85%.

Out of the above, collection from petroleum products is Rs 176.52 crore during April 2022 against Rs 172.70 crore collected during April 2021 with growth of 2.21%. Similarly, the collection from liquor is Rs 56.36 crore during April 2022 against Rs 51.55 crore collected during April 2021 with growth rate of 9.33%.

There is a growth of 19.43% in Profession Tax with a collection of Rs 27.17 crore during April 2022 against collection of Rs 22.75 crore during April 2021. All GST registered taxpayers as well as other Professionals are also advised to pay their annual Profession Tax in the first quarter of 2022-23.

The high growth in gross GST has been led by mining and manufacturing sectors with growth of 179% in mining sector, 270% in manufacturing Sector and 105% in Trading Sector. In addition, regular surveillance and intelligence based action against the tax evaders have contributed significantly in improving compliance by the taxpayers.

CT & GST Commissioner Sushil Kumar Lohani has instructed the field officers to ensure at least 90% return filing, return scrutiny of all suspected/big taxpayers as well as prompt demand and recovery in case of detection of irregularities. He has further advised to devise sector specific strategies for detection of tax evaders and to also focus on Real Estate, minor mineral, trading sector etc.

During the last Financial Year, Rs 479.08 crore had been collected in cash after raising demand from wrong return filers while Rs 36.23 crore had been collected as interest from late filers. Similar activities are being undertaken during this year also.

During April 2022, a total of 3,145 new taxpayers have been bought under the GST fold. Further, the total e-waybill generated during April 2022 was 17.57 lakh against 15.28 lakh during April 2021 witnessing a growth of 14.98%.This reflects consistent recovery in economic activities and growth post Covid-19.

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