Odisha Posts Over 70% Growth In Retained GST With 2nd Highest-Ever Collection In December

Bhubaneswar: Odisha has recorded the second highest ever collection of State GST (OGST + IGST Settlement) with a collection of Rs. 2578.05 crore in December 2023.

The amount showed a phenomenal growth of 70.07 per cent over the collection of Rs 1515.88 crore recorded in December 2022, an official release said on Monday.

The progressive collection of State GST (OGST + IGST Settlement) up to the month of December 2023 is Rs. 17419.61 crore against collection of Rs. 13235.52 crore up to December ’22 registering a growth rate of 31.61%.

The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including OGST/ IGST Settlement / VAT/ Entry Tax and Profession Tax during December 23 is Rs. 3665.23 crore against a collection of Rs. 2510.86 croe during December ‘22 with a growth rate of 45.98%.

The progressive collection under all Acts up to December’ 23 is Rs. 26089.84 Cr with a growth rate of 21.68% over corresponding collection up to December 22. With regard to Gross GST collection (CGST+ IGST+ SGST+ Cess), the State has recorded a collection of Rs. 4351.42 crore during December ‘23 against collection of Rs. 3854.29 crore during December ‘22 with a growth rate of 12.90%.

The progressive Gross GST collection during FY 2023-24 (till December 23) is Rs. 39539.67 Cr with growth of 10.08% over corresponding period of FY 2022-23.

During December’ 2023, 22.49 lakh of waybills have been generated vis-à vis 19.66 lakh waybills generated during December’ 2022 recording a growth of 14.39% reflecting the buoyancy in the economic sector. Out of the 22.49 Lakh e waybills generated during Dec 23, 13.41 lakh were intra-state waybills while 9.07 lakh were inter-state waybills.