Odisha records Rs 4397.73 cr gross GST collection in May 2023

Reflecting the buoyancy in the economic sector, 20.40 lakh of waybills have been generated during May 2023 against 17.26 lakh generated during May 2022 which records a growth of 18.19 per cent. 

Bhubaneswar: Odisha has recorded growth rate of 30.28 per cent with mop up of OGST and IGST settlement of Rs 1675.77 Cr during May 2023. The State has recorded a gross GST collection of Rs 4397.73 Cr during May,
2023 against collection of Rs.3955.75 Cr. over corresponding period of previous year with a growth rate of 11.17 per cent.

The progressive gross GST collection up to May 23 stands at Rs 9433.47 Cr against a collection of Rs 8865.98 Cr up to May 22, recording a growth rate of 6.40 per cent. Further, the collection to be retained by the State consisting of OGST and IGST settlement has recorded a growth of 30.28 per cent during May’23 with collection of Rs 1675.77 Cr as against collection of Rs 1286.29 Cr during May’22.

The progressive collection to be retained by the State (OGST + IGST  Settlement) till May 23 stands at Rs 4034.94 Cr against a collection of Rs 2966.29 Cr till May 22 recording a growth of 36.03 per cent. The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax is Rs 2711.04 Cr during the month of May’23 as against collection of Rs 2311.78 Cr during May’22 with a growth
rate of 17.27 per cent.

Reflecting the buoyancy in the economic sector, 20.40 lakh of waybills have been generated during May 2023 against 17.26 lakh generated during May 2022 which records a growth of 18.19 per cent.

Also Read

Comments are closed.