Odisha Registers Growth Of 25.13% In GST Collection In June
Bhubaneswar: The collection of Goods and Services Tax (GST) in Odisha has gone up by 25 per cent in June 2023 compared to the collection made in the same month last year.
A state government release said that Odisha has collected OGST and IGST settlement to the tune of Rs 1732.49 crore during June 2023 as against collection of Rs 1384.59 crore during June 2022, recording a growth of 25.13%.
The progressive collection to be retained by the State (OGST + IGST settlement) till June 2023 stands at Rs 5661.97 crore against a collection of Rs 4350.88 crore till June 2022, recording a growth of 30.13%.
With regard to Gross GST collection (OGST+IGST+SGST+Cess), the state has recorded a collection of Rs 4379.97 crore during June 2023 against collection of Rs 3965.28 crore over corresponding period of June 2022 with a growth rate of 10.46%.
The progressive Gross GST collection up to June 2023 stands at Rs 13813.44 crore against a collection of Rs 12831.26 crore up to June 2022 recording a growth rate of 7.65%. The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax is Rs. 2865.01 Cr during the month of June 2023 as against collection of Rs. 2516.81 Cr during June 2022 with a growth rate of 13.84%.
During June 2023, 18.79 Lakh of waybills have been generated vis-à-vis 15.33 Lakh of waybills generated during June 2022 recording a growth of 22.56% reflecting the buoyancy in the economic sector.
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