ODISHA RECORDS THE HIGHEST EVER COLLECTION OF STATE GST WITH MOP UP OF RS. 2791.45 CR DURING NOVEMBER 2023

Bhubaneswar (01/12/2023): Odisha has recorded the highest ever collection of State GST (OGST + IGST Settlement) with a collection of Rs.2791.45 crore during November 2023 against a corresponding collection of 1390.36 crore recorded during November ’22 registering a phenomenal growth rate of 100.77 %.

The progressive collection of State GST (OGST + IGST Settlement) upto the month of November 23 is Rs.14913.16 crore against a collection of Rs.11719.64 crore upto Nov ’22 registering a growth rate of 27.25%. The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including OGST/ IGST Settlement / VAT/ Entry Tax and Profession Tax during November 23 is Rs.3856.72 Cr against a collection of Rs.2308.92 Cr during November ‘22 with a growth rate of 67.04%.

The progressive collection under all Acts upto Nov 23 is Rs.22510.56 crore with a growth rate of 18.91% over corresponding collection till November 22. With regard to Gross GST collection (CGST+ IGST+ SGST+ Cess), the State has recorded a collection of Rs.4295.08 crore during November ‘23 against collection of Rs.4162.26 crore during November ‘22 with a growth rate of 3.19%.

The progressive Gross GST collection during FY 2023-24 (till November 23) is Rs.35188.25 crore with growth of 9.75% over corresponding period of FY 2022-23. During November 2023, 20.85 Lakh of waybills have been generated vis-à- vis 18.19 Lakh of waybills generated during November 2022 recording a growth of 14.62% reflecting the buoyancy in the economic sector.

Out of the 20.85 Lakh ewaybills generated during November 23, 12.39 Lakh were intra-state waybills while 8.46 Lakh were inter-state waybills (3.45 Lakh of incoming and 5.01 Lakh of outgoing waybills). Further till November 23, 2.12 crore of IRNs (E-invoices) have been generated by taxpayers of Odisha with total transaction value of Rs.592999.53 crore .