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 Odisha recorded a growth rate of 42.74% in GST collection with mop-up of OGST and IGST

in Business, State News October 1, 2023 Comments Off on  Odisha recorded a growth rate of 42.74% in GST collection with mop-up of OGST and IGST 281 Views

Bhubaneswar:1/10/23: Odisha recorded a growth rate of 42.74% in GST collection with mop-up of OGST and IGST Settlement of Rs. 1651.58 Cr during September 2023.

The monthly collection to be retained by the State (OGST + IGST Settlement) during September ‘23 stands at Rs. 1651.58 Cr against a collection of  Rs. 1157.08 Cr during September ‘22 recording a growth of 42.74%.

Till Sept ‘23, the  State has collected OGST and IGST Settlement to the tune of Rs.10440.74 Cr with a progressive growth rate of 23.27%.

The OGST collection during September ‘23 is recorded at Rs. 1197.37 Cr against a collection of Rs. 926.96 Cr during September ‘22 with a growth rate of 29.17%.

With regard to Gross GST collection (OGST+IGST+CGST+Cess), the State has recorded a collection of Rs. 4249.12 Cr during Sept ‘23 against a collection of Rs. 3765.17 Cr during Sept ‘22 with a growth rate of 12.85%.

The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax is Rs. 2638.17 Cr during the month of Sept ‘23 as against collection of Rs. 2070.26 Cr during Sept ‘22 with a growth rate of 27.43%.

During September 2023, 20.66 Lakh of waybills have been generated vis-à[1]vis 17.66 Lakh of waybills generated during September 2022 recording a growth of 16.98% reflecting the buoyancy in the economic sector.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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