Bhubaneswar: Odisha records a phenomenal growth rate of 24 percent under State GST (OGST + IGST settlement) during June 2024 in comparison to the collection of State GST in June 2023.
Odisha has recorded a collection of Rs 2039.71 crore under State GST (OGST + IGST Settlement) during last month against corresponding collection of Rs 1650.82 crore recorded during June 2023, thereby registering a phenomenal growth rate of 23.56 percent.
The progressive collection under State GST upto June this year stood at Rs 7000.98 crore against a collection of Rs 5427.10 crore upto June 2023 with a growth rate of 29 percent.
The State has also recorded collection of Gross GST (CGST+ IGST+ OGST + Cess) of Rs 4987.27 crore during June 2024 against corresponding collection of Rs. 4379.97 crore recorded during June 2023. The Gross GST collection registered a growth of 13.87 percent.
The progressive collection under Gross GST upto June 2024 stood at Rs 15916.31 crore against a collection of Rs 13813.44 crore upto June last year with a growth rate of 15.22 percent.
The collection under all Acts monitored by the Commissionerate of CT & GST, including OGST/ IGST Settlement/VAT and Profession Tax during June 24 was Rs 3273.49 crore while Rs 2783.74 crore had been collected during June 2023. So the total collection registered a growth rate of 17.59 percent. The progressive growth rate upto June 24 under all Acts stands at 22.28 percent.
During June 2024, 22.87 Lakh of waybills were generated vis-à-vis 18.79 Lakh of waybills generated during June last year recording a growth of 21.71 percent reflecting the buoyancy in the State economy.
Out of the 22.87 Lakh e-waybills generated during June 24, 13.81 Lakh were intra-state waybills while 9.05 Lakh were inter-state waybills.