Odisha records Gross GST collection of Rs. 3769.44 Cr during October 2022

Cuttack: Odisha has recorded a Gross GST collection of Rs. 3769.44 Cr. during October ’22 against Rs. 3593.34 Cr during October ’21, informed the Finance Department, Commissionerate of CT & GST, Cuttack in a press note on Wednesday.

The progressive collection of Gross GST till October ’22 is Rs. 27901.38 Cr against Rs. 23897.20 Cr with a growth rate of 16.76%.  The progressive collection of OGST till October ’22 is Rs. 8264.59 Cr against Rs. 6819.91 Cr with a growth rate of 21.18%.

The progressive growth rates in the case of CGST, IGST & Cess up to the month of Oct ’21 against the corresponding period of last year are 18.91%, 8.13% and 21.10% respectively.

The collection of GST revenue to be retained by the State i.e. OGST+IGST Settlement during the month of October ’22 is recorded at Rs. 1934.70 Cr which is 41.10% higher than the corresponding collection of 1371.09 Cr recorded during October ’21.

The progressive collection of GST revenue to be retained by the State till Oct ’22 is Rs. 10444.58 Cr as against Rs. 9052.61Cr till Oct ’21 with a growth rate of 15.38%.

The total collection of VAT (Petrol & Liquor) is Rs. 877.38 Cr during Oct ’22 as against Rs.726.74 Cr. during Oct ’21 with a growth rate of 20.73%. Out of the above, the collection from petroleum products and Liquor has recorded growth of 17.94% and 30.41% respectively during October ’22 as against collection during the corresponding period of last year.

16.65 Lakh of waybills has been generated during October ’22 vis-à-vis 15.15 Lakh of waybills generated during Oct ’21 recording a growth of 9.90%

During the current FY (up to October), 28,234 nos. of new taxpayers have been bought under the GST fold as against 27.920 nos of taxpayers registered during the corresponding period of the last FY.

Sunil Kumar Dhangadamajhi

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