Odisha Records 19.26% Growth In Collection Of State GST & IGST Settlement Till July

Bhubaneswar: Odisha has recorded 19.26% growth in collection of state GST and IGST settlement with total collection of Rs 7225 crore up to July, 2023 compared to Rs 6058 crore till July, 2022.

During July 2023, the state has collected OGST and IGST settlement to the tune of Rs 1716.49 crore. The OGST collection during July 2023 is recorded at Rs 1300.33 crore against collection of Rs 1112.66 crore during July 2022 with growth rate of 16.87%, an official release said on Tuesday.

The progressive collection of OGST till July 2023 is Rs. 5511.69 crore against collection of Rs 5238.61 crore till July 2022 with growth of 5.21%.

With regard to Gross GST collection (OGST+IGST+SGST+Cess), the state has recorded a collection of Rs 4245.40 crore during July, 2023 against collection of Rs 3651.61 crore over corresponding period of July, 2022 with a growth rate of 16.26%.

The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax is Rs 10776.87 crore up to the month of July, 2023 as against collection of Rs 9563.01 crore up to July, 2022 with a growth rate of 12.69%.

During July 2023, altogether 20.12 lakh of waybills have been generated vis-à-vis 15.68 lakh generated during July 2022, recording a growth of 28.31% reflecting the buoyancy in the economic sector, the release added.