SGST Collection On Rise

Like in earlier months, with SGST collection of Rs. 726.29 Crore in December 2019 against Rs. 572.38 Crore in December 2018, growth rate of 26.89% was achieved.


Sushil Kumar Lohani CCT and GST Commissioner reviewed progress here on 2 January. It came to fore that healthy trend is observed in CGST collection.

With CGST collection of Rs. 529.78 Crore in December ‘19 against Rs. 443.58 Crore in December ’18, growth rate of 19.43% was achieved.

Also, upto December ’2019, Odisha has collected Rs. 6387.47Crore of State GST against Rs. 4955.90Crore collected during the corresponding period of previous year with growth rate of 28.89%.

Similarly, Rs. 4767.94 Crore of Central GST has been collected during the said period against Rs. 3715.33 Cr collected during the corresponding period of previous year with growth rate of 28.33%.
 


The total GST collection (CGST, IGST, SGST & Cess) from April-December ’2019 shows a growth rateof 10.89% with collection of Rs. 21750.24 Crore against Rs. 19613.71 Crore collected during April-December ‘2018. [Source GSTN].


The overall growth rate is low due to negative growth rate in IGST and Cess.Cess is mainly collected on sale of coal which has negative growth this year. The negative trend in IGST collection is mainly on account of slowdown in steel industry. However, from State’s perspective, there is healthy growth in the transactional tax collected in the form of SGST & CGST (28-29%)

Further, filing of return (GSTR 3B) has also shown healthy improvement of late with 84% dealers assigned to State have filed their GSTR 3B returns within due date in the month of December 2019.

In order to further streamline tax administration under GST, instructions have been issued to cancel the registration of all the fake/ non-serious dealers after field enquiry. Further, targets have been assigned to conduct survey of potential tax payers not registered under GST to increase the tax base.

GST Commissionerate has also issued instructions to its field units to take a special drive against non-filers and wrong return filers. As a result, 25928 notices have been issued against the dealers not filing returns.6091 notices have been issued against dealers filing wrong returns.

In addition, Commissionerate of Commercial Tax and GST, through data analytics, is identifying fake invoice issuers for exemplary enforcement action. 5 masterminds of rackets running fake dealer network with the intention of passing fake input tax credits have been arrested and action has been initiated against recipients of such fake invoices.

In addition, many suspected high stake cases are also under investigation. Commissioner has also instructed all Circles to ensure return scrutiny of all tax payers having liability and credit mismatch and take necessary follow up action.

Commissionerate of CT & GST is taking all possible measures to achieve the target assigned to it by the State Government.
 


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