Odisha

Odisha’s GST Collections Rise 13.64% On-Year In Feb 2024 With Highest-Ever Rs 5135.81 Cr

Bhubaneswar: Odisha’s on-year gross GST (CGST+ IGST+ OGST + Cess) increased by 13.64% with highest-ever collection of Rs 5135.81 crore in February 2024 against Rs 4519.35 crore during the corresponding period last year, officials said on Friday.

The progressive gross GST collection during 2023-24 (till February 24) stood at Rs 49638.64 crore, registering a growth of 11.07% over corresponding period of 2022-23.

Odisha recorded a “phenomenal” growth rate of of 37.12% in state GST revenue, with a collection of Rs 2295.41 crore during February 2024 against 1673.96 crore recorded during February 2023.

The progressive collection of state GST (OGST + IGST settlement) up to the month of February 2024 is Rs 21846.55 crore against collection of Rs 16710.34 crore up to February 2023, registering a growth rate of 30.74%.

Similarly, the collection under all Acts monitored by the Commissionerate of CT & GST, Odisha, including OGST/IGST Settlement/VAT and Profession Tax during February 2024 stood Rs 3470.75 crore against Rs 2765.44 crore during February 2023 , registering a growth rate of 25.50%.

The progressive collection under all Acts up to February 24 is Rs 32807.67 crore with a growth rate of 20.84% over corresponding collection up to February 23.

The state generated 23.77 lakh of waybills in February 2024 compared to 19.86 lakh waybills during the corresponding period of 2023, they added.

OB Bureau

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