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

Odisha Records Gross GST Collection Of Rs 5109.33 Cr During Mar ’24

OMMCOM NEWS by OMMCOM NEWS
April 1, 2024
in Odisha

Bhubaneswar: Odisha has recorded the second highest ever collection of Gross GST (CGST+ IGST+ OGST + Cess) with a collection of Rs. 5109.33 Cr during March 2024 against the corresponding collection of Rs 4749.02 Cr recorded during March 2023 registering a growth rate of 7.59%, said an official press release.

The highest ever collection of Gross GST was recorded during the last month of Feb 24 with a collection of Rs 5135.81 Cr.

The progressive Gross GST collection during FY 2023-24 (till March 24) is Rs 54747.97 Cr with a growth of 10.73% over the corresponding period of FY 2022-23.

Odisha has also recorded the third highest ever collection of State GST (OGST+ IGST Settlement) with a collection of Rs 2305.90 Cr during March 2024 against the corresponding collection of Rs 1919.43 Cr recorded during March 2023 registering a phenomenal growth rate of 20.13%.

The highest and second highest ever collection of State GST were also recorded during the current FY with collection of Rs 2700.85 Cr during Nov 23 and Rs. 2528.41 Cr during Dec 23 respectively.

Out of this, the collection of OGST during March of Rs 1659.31 Cr is also the third highest ever OGST collection. The highest & second highest ever collection of OGST was recorded during April 22 of Rs 1714.78 Cr and Rs 1659.57 Cr during April 23.

The progressive collection of State GST (OGST + IGST Settlement) up to March 2024 is Rs 24051.45 Cr against a collection of Rs 18600.52 Cr up to March 2023 registering a growth rate of 29.31%.

The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including OGST/ IGST Settlement / VAT and Profession Tax during March 24 is Rs 4458.83 Cr against a collection of Rs 3899.40 Cr during March 23 with a growth rate of 14.35%. The progressive collection under all Acts up to March 24 is Rs 37160.81 Cr with a growth rate of 19.80% over the corresponding collection up to March 23.

During March 24, 24.40 Lakh of waybills have been generated vis-à-vis 21.91 Lakh of waybills generated during March 2023 recording a growth of 11.36% reflecting the buoyancy in the State economy. Out of the 24.40 Lakh e-waybills generated during March 24, 14.45 Lakh were intra-state waybills while 9.96 Lakh were inter-state waybills.

Tags: GST collection
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