Odisha Records 24.85% Growth In State GST Collection

Cuttack: Odisha has achieved a growth of 24.85% in the collection of State Goods and Service Tax (SGST) in January 2020.

The collection has been increased from Rs 596.19 crore in January 2019 to Rs 744.33 crore in January 2020, the Commissioner of CT and GST, Odisha informed in a statement on Saturday

Till January 2020, Odisha had collected Rs 7,131.80 crore of SGST against Rs 5,552.09 crore in the corresponding period of the previous year with a growth rate of 28.45%, the release said.

Similarly, the total GST collection (CGST, IGST, SGST & Cess) from April 2019 to January 2020 showed a growth of 10.49% with a collection of Rs 24,254.21 crore against Rs 21,951.75 crore in the corresponding period of the previous year.

However, IGST and Cess showed negative cumulative growth due to slowdown in sale of coal and steel products, the release stated.

Filing of return has also shown healthy improvement with 89% taxpayers assigned to Odisha filing their GSTR-3B returns within the due date in January 2020 against 84 per cent in December 2019.

In order to streamline tax administration under GST, instructions have been issued to cancel the registration of all the fake/non-serious taxpayers after field inquiry and conduct a special drive against non-filers and wrong return filers.

Targets have also been assigned to conduct a survey of potential taxpayers not registered under GST to increase the tax base.