Tuesday, Feb 27 2024 | Time 05:00 Hrs(IST)
Business Economy

Odisha records highest ever state GST collection of Rs.2791.45 cr on Nov 23

Bhubaneswar, Dec 1 (UNI) Odisha has recorded the highest ever collection of State GST with a collection of Rs. 2791.45 Crore during November 2023, official sources here on Friday said.
It said the GST collection has registered a phenomenal growth of 100.7 percent in comparison to the collection in November 2022.The state had collected Rs.1390.36 crore during November 2022
The progressive collection of State GST (OGST + IGST Settlement) upto the month of November 23 is Rs. 14913.16 Crore against a collection of Rs. 11719.64 Crore upto Nov ’22 registering a growth rate of 27.25 percent
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 23 is Rs. 3856.72 Crore against a collection of Rs. 2308.92 Crore during November ‘22 with a growth rate of 67.04percent.
The progressive collection under all Acts upto Nov 23 is Rs. 22510.56 Crore with a growth rate of 18.91 percent over corresponding collection till Nov 22.
With regard to Gross GST collection (CGST+ IGST+ SGST+ Cess), the State has recorded a collection of Rs. 4295.08 Crore during November ‘23 against collectionof Rs. 4162.26 Crore during November ‘22 with a growth rate of 3.19 percent.
The progressive Gross GST collection during FY 2023-24 (till November 23) is Rs. 35188.25 Crore with growth of 9.75percent over corresponding period of FY 2022-23.

During November 2023, 20.85 Lakh of waybills were generated vis-à- vis 18.19 Lakh of waybills generated during November 2022 recording a growth of 14.62 percent reflecting the buoyancy in the economic sector.
Sources said out of the 20.85 Lakh e- waybills generated during Nov 23, 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).
Further till Nov 23, 2.12 Crores of IRNs (E-invoices) have been generated by tax payers of Odisha with total transaction value of Rs. 592999.53 Crores.
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