Bhubaneswar: The progressive collection to be retained by the State (OGST + IGST Settlement) till July 2023 stands at Rs 7225.25 Cr against a collection of Rs 6058.27 Cr till July 2022 recording a growth of 19.26%. During July ’23, the State collected OGST and IGST Settlement to the tune of Rs 1716.49 Cr, said an official press release.
According to the release, OGST collection during July 23 is recorded at Rs 1300.33 Cr against collection of Rs 1112.66 Cr during July 22 with a growth rate of 16.87%. The progressive collection of OGST till July 23 is Rs 5511.69 Cr against a collection of Rs 5238.61 Cr till July 22 with a growth of 5.21%.
With regard to Gross GST collection (OGST+IGST+SGST+Cess), the State has recorded a collection of Rs 4245.40 Cr during July 2023 against a collection of Rs.3651.61 Cr over the corresponding period of July 2022 with a growth rate of 16.26%.
The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax is Rs 10776.87 Cr up to the month of July 2023 as against collection of Rs 9563.01 Cr up to July 2022 with a growth rate of 12.69%.
During July 2023, 20.12 Lakh of waybills have been generated vis-à-vis 15.68 Lakh of waybills generated during July 2022 recording a growth of 28.31% reflecting the buoyancy in the economic sector.