Odisha Records 15.14% Growth In Gross GST Collection During March

Cuttack: Odisha has recorded gross GST collection of Rs. 4749.02 Cr during March, 2023 against Rs. 4124.66 Cr during March, 2022 with a growth of 15.14%. The Gross collection of Rs. 4749.02 Cr is the second-highest Gross collection of all time.

The collection of GST revenue to be retained by the State i.e. OGST+IGST Settlement during the month of March,2023 is recorded at Rs. 1977.45 Cr which is 15.69% higher than the corresponding collection of 1709.14 Cr recorded during March,2022 .

The progressive collection of GST revenue to be retained by the State during FY 2022-23 is Rs. 18766.58 Cr as against Rs. 16392.24 Cr collected during FY 2021-22 with a growth rate of 14.48%.

The total collection of VAT (Petrol & Liquor) is Rs. 1917.29 Cr during March,2023 as against Rs.1693.53 Cr. during March,2022 with growth rate of 13.21%.

The progressive collection of VAT during FY 2022-23 is 11974.65 Rs. which is 20.16 % higher than the collection of Rs. 9965.60 Collected during FY 2021-22

Overall, the CT & GST Commissionerate has collected Rs. 31158.33 Cr during FY 2022-23 under all Acts (GST/ VAT/ Profession Tax/ ET) as against collection of Rs. 26756.18 Cr during FY 2021-22 recording a growth of 16.45%

21.91 Lakh of waybills has been generated during March 2023 vis-à-vis 18.58 Lakh of waybills generated during March 2022 recording a growth of 17.93%.