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Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Odisha

Odisha Records Highest-Ever Gross GST Collection Of Rs 5135.81 Cr In Feb 2024

OMMCOM NEWS by OMMCOM NEWS
March 1, 2024
in Odisha
GST

Bhubaneswar: Odisha recorded the highest-ever collection of Gross GST (CGST+ IGST+ OGST + Cess) with a collection of Rs 5135.81 crore during February 2024 against the corresponding collection of Rs 4519.35 crore recorded during February 2023, registering a growth rate of 13.64%. The progressive Gross GST collection during FY 2023-24 (till February 24) is Rs 49638.64 crore with a growth of 11.07% over the corresponding period of FY 2022-23.

Odisha also recorded the third highest ever collection of State GST (OGST + IGST Settlement) with a collection of Rs 2295.41 crore during February 2024 against the corresponding collection of 1673.96 crore recorded during February 2023, registering a phenomenal growth rate of 37.12%.

The progressive collection of State GST (OGST + IGST Settlement) up to 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%.

The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha, including OGST/ IGST Settlement / VAT and Profession Tax during February 2024 is Rs 3470.75 crore against collection of Rs 2765.44 crore during February 2023 with a growth rate of 25.50%. The progressive collection under all Acts up to February 2024 is Rs. 32807.67 Cr with a growth rate of 20.84% over the corresponding collection up to February 2023.

During February 2024, 23.77 lakh of waybills have been generated vis-à-vis 19.86 lakh of waybills generated during February 2023, recording a growth of 19.69% reflecting the buoyancy in the state economy. Out of the 23.77 lakh e-waybills generated during February 2024, 14.06 lakh were intra-state waybills while 9.71 lakh were inter-state waybills.

Tags: GST collectionOdisha News
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