The Business Bytes
TBB BUREAU
BHUBANESWAR, JULY 1, 2023
Odisha registered 25.13 per cent growth in the gross Goods & Services Tax (GST) collection by mopping up Rs 1732.49 crore in the month of June 2023 as against Rs 1384.59 crore in the year-ago period.
With regard to Gross GST collection (OGST+IGST+SGST+Cess), Odisha recorded a collection of Rs. 4379.97 crore in June 2023 as compared to Rs.3965.28 crore in June 2022, thus registering a growth of 10.46 per cent.
The progressive collection to be retained by the State (OGST + IGST Settlement) till June 2023 stands at Rs. 5661.97 crore against a collection of Rs 4350.88 crore till June 2022, recording a growth of 30.13 per cent.
The progressive Gross GST collection up to June 2023 went up by 7.65 per cent at Rs. 13813.44 crore against a collection of Rs. 12831.26 crore up to June 2022.
The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax was Rs. 2865.01 crore during the month of June 2023 as against Rs. 2516.81 crore in June 2022 with a growth of 13.84 per cent.
During the month of June this year, 18.79 lakh Waybills were generated compared to 15.33 lakh Waybills generated in June 2022, recording a growth of 22.56 per cent thus reflecting the buoyancy in the economic sector.
