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

Odisha Records 2nd Highest Ever Collection Of State GST With Mop Up of Rs 2578.05 Cr During Dec’23

OMMCOM NEWS by OMMCOM NEWS
January 1, 2024
in Odisha

Bhubaneswar: Odisha has recorded the second highest ever collection of State GST (OGST + IGST Settlement) with a collection of Rs 2578.05 Cr during December 2023 against a corresponding collection of Rs 1515.88 Cr recorded during December 2022 registering a phenomenal growth rate of 70.07 %, said an official press release.

The progressive collection of State GST (OGST + IGST Settlement) up to December 23 is Rs 17419.61 Cr against a collection of Rs 13235.52 Cr up to December ’22 registering a growth rate of 31.61%.

The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including OGST/ IGST Settlement / VAT/ Entry Tax and Profession Tax during December 23 is Rs 3665.23 Cr against a collection of Rs 2510.86 Cr during December ‘22 with a growth rate of 45.98%. The progressive collection under all Acts up to December’ 23 is Rs 26089.84 Cr with a growth rate of 21.68% over corresponding collection up to December 22.

With regard to Gross GST collection (CGST+ IGST+ SGST+ Cess), the State has recorded a collection of Rs 4351.42 Cr during December ‘23 against collection of Rs 3854.29 Cr during December ‘22 with a growth rate of 12.90%. The progressive Gross GST collection during FY 2023-24 (till December 23) is Rs 39539.67 Cr with growth of 10.08% over corresponding period of FY 2022-23.

During December’ 2023, 22.49 lakh of waybills have been generated vis-à-vis 19.66 lakh waybills generated during December’ 2022 recording a growth of 14.39% reflecting the buoyancy in the economic sector. Out of the 22.49 lakh e-waybills generated during Dec 23, 13.41 lakh were intra-state waybills while 9.07 lakh were inter-state waybills.

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