Odisha Posts 13% Growth In GST Collection In Sept; 42% Rise In OGST-IGST Settlement

Bhubaneswar: The collection of Goods and Services Tax (GST) in Odisha stood at Rs 4249 crore in September this year compared to Rs 3765 crore collected in the same month last year, recording a growth of 13 per cent.

In the country, gross GST revenue collection was Rs 1,62,712 crore during September 2023; recording 10% year-on-year growth, official sources said on Sunday. GST collection crosses Rs 1.60 lakh crore mark in the country for the fourth time in 2023-24 financial year.

The Commissionerate of CT and GST, Odisha said in a statement that the monthly collection to be retained by the state (OGST + IGST Settlement) during September 2023 stands at Rs 1651.58 crore against Rs 1157.08 crore in the same month last year, recording a growth of 42.74%.

Till September 2023, the state has collected OGST and IGST settlement to the tune of Rs 10440.74 crore with a progressive growth rate of 23.27%.

The OGST collection during September 2023 is recorded at Rs 1197.37 crore against Rs 926.96 crore during September 2022 with growth rate of 29.17%.

With regard to Gross GST collection (OGST+IGST+CGST+Cess), the state has recorded a collection of Rs. 4249.12 crore during September 2023 against collection of Rs 3765.17 crore during September 2022 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 crore during the month of September 2023 as against collection of Rs 2070.26 crore during September 2022 with a growth rate of 27.43%.

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