Odisha records highest ever gross GST collection during April 2023

Bhubaneswar: Odisha has recorded the highest ever gross GST collection of all time to the tune of Rs 5,035.74 crore during April 2023.

The collection to be retained by the State consisting of OGST and IGST settlement has recorded a growth of 40.43 percent during the same period with the collection of Rs 2,359.17 crore as against the collection of Rs 1,680.00 crore during April 2022.

This growth is primarily on account of buoyancy in the service sector as well as growth in the trading sector. The total collection from goods that are not subsumed under GST (i.e petroleum products and liquor for human consumption) stands at Rs 264.42 crore during April 2023 as against Rs 232.92 crore during April 2022 with a growth rate of 13.52 percent.

Collection under all Acts monitored by the Commissionerate of CT&GST, Odisha including GST, VAT, Entry Tax and Profession Tax is Rs 2,661.92 crore during the month of April 2023 as against the collection of Rs 1,947.21 crore during April 2022 with a growth rate of 36.70 percent.

During April 2023, around 20.23 lakh waybills were generated vis-à-vis 17.57 lakh waybills generated during April 2022, recording a growth of 15.12 percent and reflecting buoyancy in the economic sector.