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

Odisha Records 38.22% Growth In GST Collection In August, 2023

OMMCOM NEWS by OMMCOM NEWS
September 1, 2023
in Odisha

Bhubaneswar: Odisha has recorded 38.22 per cent growth in GST collection in August this year in comparison to the corresponding period of last year.

Accoridng to the CT&GST Commissionerate here, the monthly GST (OGST and IGST) collection to be retained by the state stood at Rs 1,733.62 crore in August, 2023 against Rs 1,254.24 in August, 2022, recording a growth of 38.22 per cent.

Odisha has collected GST (OGST and IGST) to the tune of Rs 8,877.21 crore till August, with a progressive growth rate of 21.40 per cent, added the release.

The OGST collection in the state stood at Rs 1,332.99 crore in August this year against Rs 1,028.07 crore in August last year, registering a growth rate of Rs 29.66 per cent.

The gross GST (OGST+IGST+SGST+Cess) collection in the state reached Rs 4,408.27 crore during August, 2023 in comparison to Rs 3,883.90 crore in August, 2022, with a growth rate of 13.50 per cent.

The collection under all Acts monitored by the CT and GST Commissionerate in state including GST/VAT/Entry Tax stood at Rs 2,793.38 crore during August this year against the collection of Rs 2,219.81 crore during August last year, with a growth rate of 25.84 per cent, the GST release stated.

Tags: GSTOdisha GSTtax
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