Odisha records 13% Year-on-Year growth in GST collection in September

Odisha

Bhubaneswar, October 1: Odisha recorded 13 per cent Year-on-Year growth in GST collection in September. In the country, Rs 1,62,712 crore gross GST revenue collected during September 2023 thereby recording 10 per cent Year-on-Year growth.

The monthly collection to be retained by the State (OGST + IGST Settlement) during September ‘23 stands at Rs 1,651.58 crore against a collection of Rs 1,157.08 crore during September ‘22 recording a growth of 42.74%. Till Sept ‘23, the State has collected OGST and IGST Settlement to the tune of Rs.10440.74 Cr with a progressive growth rate of 23.27%.

The OGST collection during September ‘23 is recorded at Rs. 1197.37 Cr against collection of Rs 926.96 Cr during September ‘22 with growth rate of 29.17%. With regard to Gross GST collection (OGST+IGST+ CGST+ Cess), the State has recorded a collection of Rs. 424249.1 crore during Sept ‘23 against collection of Rs 3765.17 Cr during Sept ‘22 with a growth rate of 12.85%.

The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax is Rs. 2638.17 Cr during the month of Sept ‘23 as against collection of Rs. 2070.26 Cr during Sept ‘22 with a growth rate of 27.43%.

During September 2023, 20.66 Lakh of waybills have been generated vis-à vis 17.66 Lakh of waybills generated during September 2022 recording a growth of 16.98% reflecting the buoyancy in the economic sector.

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