ODISHA RECORDS THE HIGHEST EVER COLLECTION OF GROSS GST OF RS. 5135.81 CR

Mar 1, 2024 - 20:44

Bhubaneswar (01/03/2024): Odisha has recorded the highest ever collection of Gross GST (CGST+ IGST+ OGST + Cess) with a collection of Rs.5135.81 Crore during February 2024 against 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 growth of 11.07% over 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.2295.41 Crore during February 2024 against corresponding collection of Rs.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 the month of 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 24 is Rs.3470.75 Crore against collection of Rs.2765.44 Crore during February 23 with a growth rate of 25.50%.

The progressive collection under all Acts up to February 24 is Rs.32807.67 Crore with a growth rate of 20.84% over corresponding collection up to February 23. During February 24, 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.