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Home Policy & Politics Government

Odisha Registers 13% Growth In GST Collection In September 2022

by OB Bureau
October 1, 2022
in Government, Odisha, Policy & Politics
Reading Time: 1 min read
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Bhubaneswar: Odisha has registered 13 per cent growth in gross GST revenue collection in September, 2022 over the collection in the same month last year.

The gross GST revenue collected in September 2022 is Rs 1,47,686 crore of which CGST is Rs 25,271 crore, SGST is Rs 31,813 crore  and IGST Rs 80,464 crore (including RS 41,215 crore collected on import of goods), while Cess is Rs 10,137 crore (including Rs 856 crore collected on import of goods), a release from Union Finance Ministry said on Saturday.

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In Odisha, the GST collection in September 2022 was Rs 3,765 crore against Rs 3,326 crore collection in September 2021. The state has registered a growth of 13 per cent in GST collection during the month when compared with the month of September last year.

The Central government has settled Rs 31,880 crore to CGST and Rs 27,403 crore to SGST from IGST as regular settlement. The total revenue of Centre and the states after regular settlements in the month of September 2022 is Rs 57,151 crore for CGST and Rs 59,216 crore for the SGST, it said.

The revenues for the month of September 2022 are 26 per cent higher than the GST revenues in the same month last year. During the month, revenues from import of goods was 39 per cent higher and the revenues from domestic transaction (including import of services) are 22 per cent higher than the revenues from these sources during the same month last year.

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