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Odisha records highest-ever GST collection

Post News Network
Updated: May 3rd, 2024, 09:20 IST
in Business, Metro
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GST Updates

GST Updates

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Bhubaneswar: Odisha has recorded the highest-ever collection of Gross GST of Rs 5,902.25 crore in April 2024 against corresponding collection of Rs 5,035.74 crore recorded during April 2023, registering a growth rate of 17.21 per cent as against the national average growth rate of 13 per cent, a state Finance department release stated. The state also recorded the highest ever collection of State GST of Rs 2,996.05 crore in April 2024 against a corresponding collection of Rs 2,253.71 crore recorded during April 2023, registering a phenomenal growth rate of 32.94 per cent.

Out of this, the collection of OGST during April of Rs 2,081.83 crore is also the highest ever OGST collection, it said. The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including OGST/ IGST Settlement / VAT and Profession Tax during April 24 stands at Rs 3,330.48 crore against collection of Rs 2,544.45 crore during April 23 with a growth rate of 30.89 per cent.

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During April 2024, 23.15 lakh of waybills have been generated vis-à-vis 20.90 lakh waybills generated during April 2023, recording a growth of 10.76 per cent, reflecting the buoyancy in the state economy. Out of the 23.15 lakh e-waybills generated during April 2024, 12.38 lakh were intra-state waybills while 8.51 lakh were interstate waybills.

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