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Odisha registers over 100% growth in GST collection in November ’23

  • 04 Dec 2023
  • Eduakting Team
  • 154

The progressive collection of State GST (OGST+IGST Settlement) up to the month of November’23 is Rs 14,913.16 crore against a collection of Rs 11,719.64 crore in November ’22, registering a growth rate of 27.25 per cent, an official release said. The collection under all Acts monitored by the commissionerate of CT & GST, Odisha, including OGST/ IGST Settlement / VAT/ Entry Tax and Profession Tax during November 2023 is Rs 3,856.72 crore against a collection of Rs 2,308.92 crore during November 2022 with a growth rate of 67.04%, it said.

The progressive collection under all Acts up to November 2023 is Rs 22,510.56 crore with a growth rate of 18.91% over the corresponding collection till November 2022. With regard to Gross GST collection (CGST+IGST+SGST+Cess), the state has recorded a collection of Rs 4,295.08 crore during November 2023 against a collection of Rs 4162.26 crore during November 2022 with a growth rate of 3.19%. The progressive Gross GST collection during the financial year 2023-24 (till November 23) is Rs 35188.25 crore with a growth of 9.75% over the corresponding period of FY 2022-23, it said, adding that during November 2023, 20.85 lakh waybills were generated vis–vis 18.19 lakh waybills generated during November 2022, recording a growth of 14.62%.

Out of the 20.85 lakh e-waybills generated in November this year, 12.39 lakh were intra-state waybills while 8.46 lakh were inter-state waybills (3.45 lakh of incoming and 5.01 lakh of outgoing waybills).

 

Source - https://www.moneycontrol.com/news/business/markets/odisha-registers-over-100-growth-in-gst-collection-in-november-23-11841841.html

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