Odisha records growth rate of 38.22% with mop up of OGST and IGST Settlement of Rs. 1733.62 Cr during August 2023

Bhubaneswar (Kalinga Voice) : The monthly collection to be retained by the State (OGST + IGST Settlement) during August ‘23 stands at Rs. 1733.62 Cr against a collection of Rs. 1254.24 Cr during August ‘22 recording a growth of 38.22%. Till August ‘23, the State has collected OGST and IGST Settlement to the tune of Rs.8877.21 Cr with a progressive growth rate of 21.40%.

The OGST collection during August ‘23 is recorded at Rs. 1332.99 Cr against collection of Rs. 1028.07 Cr during August ‘22 with growth rate of 29.66%.
With regard to Gross GST collection (OGST+IGST+SGST+Cess), the State has recorded a collection of Rs. 4408.27 Cr during August ‘23 against collection of Rs. 3883.90 Cr over corresponding period of August ‘22 with a growth rate of 13.50%.

The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax is Rs. 2793.38 Cr during the month of August ‘23 as against collection of Rs. 2219.81 Cr during August ‘22 with a growth rate of 25.84%.

During August 2023, 20.75 Lakh of waybills have been generated vis-à-vis 15.81 Lakh of waybills generated during August 2022 recording a growth of 31.24% reflecting the buoyancy in the economic sector.