Odisha records growth rate of 38.22% with mop up of OGST and IGST settlement in August

Prameyanews English

Published By : Prameya News Bureau | September 01, 2023 IST

GST

Bhubaneswar, Sept 1: The monthly collection to be retained by the state (OGST + IGST settlement) during August stands at Rs. 1733.62 cr against a collection of Rs. 1254.24 cr during August last year recording a growth of 38.22%. 

Till August this year, the state has collected OGST and IGST settlement to the tune of Rs.8877.21 cr with a progressive growth rate of 21.40%.

The OGST collection during August 2023 is recorded at Rs. 1332.99 cr against collection of Rs. 1028.07 cr during August 2022 with growth rate of 29.66%.

With regard to gross GST collection (OGST+IGST+SGST+Cess), the state has recorded a collection of Rs. 4408.27 cr during August 2023 against collection of Rs. 3883.90 cr over corresponding period of August 2022 with a growth rate of 13.50%.

The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax is Rs. 2793.38 cr during the month of August 2023 as against collection of Rs. 2219.81 cr during August 2022 with a growth rate of 25.84%.

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