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    שירות ליווי נשי

    Prime Minister Shri Narendra Modi inaugurates SEMICON India 2024 in Greater Noida, Uttar Pradesh

    Prime Minister Shri Narendra Modi inaugurates SEMICON India 2024 in Greater Noida, Uttar Pradesh

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    India's Active caseload currently stands at 26,618

    India’s Cumulative COVID-19 Vaccination Coverage exceeds 219.27 Cr

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Home Odisha News

Odisha Records 30.28% Growth In GST Collection

shree1news by shree1news
June 2, 2023
in Odisha News
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₹1,68,337 crore gross GST revenue collected during February 2024; records Year-on-Year (Y-o-Y) growth of 12.5%
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The state collected Rs 4397.73 Cr in Gross GST during May 2023, compared to Rs 3955.75 Cr in the same month the previous year, representing an 11.17% increase.

The progressive Gross GST collection up to May 23 is Rs 9433.47 Cr, compared to Rs 8865.98 Cr up to May 22, representing a growth rate of 6.40%.

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Furthermore, the collection to be kept by the State, which includes OGST and IGST settlement, increased by 30.28% in May’23, with a collection of Rs. 1675.77 Cr compared to a collection of Rs 1286.29 Cr in May’22.

The progressive collection to be kept by the State (OGST + IGST Settlement) through May 23 is Rs 4034.94 Cr, up from Rs 2966.29 Cr on May 22. This is a 36.03% increase.

The collection under all Acts overseen by the Commissionerate of CT & GST, Odisha, comprising GST/ VAT/ Entry Tax/ Profession Tax, is Rs 2711.04 Cr in May’23, compared to Rs 2311.78 Cr in May’22, representing a 17.27% increase.

In comparison to May 2023, 20.40 lakh waybills were generated. 17.26 lakh waybills were generated in May 2022, representing an 18.19% increase, demonstrating the economic sector’s vibrancy.

Source:OCN

Tags: GSTOdisha newsshree1news

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