January GST Collection: Odisha Records 27.35% Hike
Bhubaneswar, Feb 4: Odisha recorded a 27.35% growth in gross GST collection in January, 2022 as compared to the same month in 2021, says Department sources.
The state collected Rs. 3,995.40 crore last month as against Rs. 3137.45 crore collected in January last year.
The progressive gross GST collection up to January for the current financial year stood at Rs. 36,108.52 crore. The state had collected Rs. 23,226.91 crore till January of last fiscal, thereby registering a growth of 55.46 per cent, the state GST officials said.
The State GST (SGST) collection recorded a 47 per cent growth in January 2022. The SGST collection last month stood at Rs. 1,143.14 crore against Rs. 777.71 crore collected in January 2021.
The progressive gross SGST collection till January 2022 was Rs. 10,239.39 crore as against Rs. 6,556.47 crore collected till January 2021, thereby registering a growth rate of 56.17 per cent.
There was also collection of Rs. 965.92 crore in CGST, Rs 1134.15 crore in IGST and Rs. 752.19 crore in Cess during the month under review.
The total collection of VAT (petrol and liquor) stood at Rs. 853.43 crore in January 2022 as against Rs. 835.23 crore in the corresponding month of the previous year, with a growth rate of 2.18 per cent.
Out of the above, collection from petroleum products was Rs. 657.99 crore while collection from liquor was Rs. 195.43 crore.