40% growth in GST mop-up during February 2023

Bhubaneswar: The State has recorded a growth of 40 per cent in GST collection (OGST+IGST Settlement) during February 2023 of the current Financial Year with a collection of Rs 1,712.48 crore against Rs 1,223.22 crore during February 2022, a press release by the Commissionerate of CT & GST said.

Out of the above, the OGST Collection is Rs 1,205.89 crore during February 2023. The progressive collection of OGST of the State till February 2023 is Rs 12,779.00 crore against Rs 11,391.76 crore with a growth rate of 12.18 per cent.

The State has also recorded a growth of 10.19 per cent in Gross GST with a collection of Rs 4,519.35 crore during February 2023 against Rs 4,101.49 crore during February 2022.

It is worthy to mention here that the Gross Collection of Rs 4,519.35 crore during February 2023 is the second highest gross collection of all time.

There has also been a growth in the collection of VAT from Petrol and Liquor with Rs 1,055.27 crore collected during February 2023 as against Rs 835.52 crore collected during February 2022 with a growth rate of 26.30 per cent.

The GST Commissionerate is also taking steps for increasing the taxpayer base with registration of 46,090 new taxpayers during the current financial year. Generation of waybills has also increased by 20.72 per cent during February 2023, signifying robust growth in business activities.

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