Odisha records 40 pc growth in GST collection in February

Bhubaneswar, Mar 3: Odisha has recorded a growth of 40 per cent in GST collection (OGST + IGST Settlement) during February 2023 of the current Financial Year.

The state collected Rs. 1712.48 Crore in February 2023 against Rs. 1223.22 Crore collected in February 2022 the Commissionerate of CT & GST sources said.

Out of the above, the OGST Collection is Rs. 1205.89 Crore during February 2023. The progressive collection of OGST of the State till February 2023 is Rs. 12779.00 Crore against Rs. 11391.76 Crore with a growth rate of 12.18 percent.

The State has also recorded a growth of 10.19 percent in Gross GST with a collection of Rs. 4519.35 Crore during February 2023 against Rs. 4101.49 Crore during February 2022.

The Gross collection of Rs. 4519.35 Crore during Feb ‘23 is the second highest Gross collection of all time.

There has also been a growth in collection VAT from Petrol & Liquor with Rs. 1055.27 Crore collected during February 2023 as against Rs.835.52 Crore collected during February 2022 with a growth rate of 26.30 percent.

The GST Commissionerate is also taking steps for increasing the taxpayer base with the registration of 46,090 new taxpayers during the current Financial Year.

The generation of waybills has also increased by 20.72 per cent during February 2023 signifying robust growth in business activities.

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