ODISHA RECORDS THE SECOND HIGHEST EVER COLLECTION OF GROSS GST OF RS. 4963.16 CR

Feb 1, 2024 - 20:15

Bhubaneswar(01/02/2024): Odisha has recorded the second highest ever collection of Gross GST (CGST+ IGST+ OGST + Cess) with a collection of Rs.4963.16 crore during January 2024 against corresponding collection of Rs.4255.59 crore recorded during January 2023 registering a growth rate of 16.63%.

The progressive Gross GST collection during FY 2023-24 (till January 24) is Rs.44502.83 crore with growth of 10.78% 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.2271.77 crore during January 2024 against corresponding collection of 1800.86 crore recorded during January 2023 registering a phenomenal growth rate of 26.15 %.

The progressive collection of State GST (OGST + IGST Settlement) upto the month of January 2024 is Rs.19600.78 crore against collection of Rs.15036.38 crore upto January 2023 registering a growth rate of 30.36%. The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including OGST/ IGST Settlement / VAT and Profession Tax during January 24 is Rs.3399.93 crore against collection of Rs.2942.81 crore during January 23 with a growth rate of 15.53%.

The progressive collection under all Acts upto January 24 is Rs.29391.65 crore with a growth rate of 20.54% over corresponding collection upto January 23. During January 24, 22.70 Lakh of waybills have been generated vis-à-vis 19.90 Lakh of waybills generated during January 2023 recording a growth of 14.02% reflecting the buoyancy in the State economy.