India News | Odisha Registers over 100% Growth in GST Collection in November '23

Bhubaneswar, Dec 1 (PTI) Odisha registered a phenomenal growth rate of 100.77 per cent in State GST with a collection of Rs 2791.45 crore in November 2023 against a collection of Rs 1390.36 crore in the corresponding month last year, an official said.

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.

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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 corresponding collection till November 2022.

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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 collection of Rs 4162.26 crore during November 2022 with a growth rate of 3.19%.

The progressive Gross GST collection during financial year 2023-24 (till November 23) is Rs 35188.25 crore with growth of 9.75% over corresponding period of FY 2022-23, it said, adding that during November 2023, 20.85 lakh waybills were generated vis-à-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).

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)