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GST Collection Gets 47 % Growth

Bhubaneswar: Maintaining the highest growth rate amongst all major States for another month, the Odisha GST (OGST) collection has recorded a 47 per cent growth during the month of January 2022 in comparison to the same month of last year.

The collection of OGST during the month of January 2022 was Rs 1143.14 crore against a collection of Rs 777.71 crore during January, 2021. The collection of Rs 1143.14 crore during January, 2022 is also the 3rd highest ever gross collection of OGST by the State since the inception of GST, officials informed here on Thursday.

The progressive gross SGST collection till January 22 is Rs 10,239.39 crore as against Rs 6,556.47 crore collected till Jan‟21 with growth rate of 56.17%. The corresponding collection till January 2020 was Rs 7131.80 crore, they said.

The total gross GST collection of Odisha has been recorded at Rs 3995.40 crore during January, 2022 as against Rs 3137.45 crore collected during January, 21 registering a growth of 27.35%.

Similarly, the progressive gross GST collection till January, 2022 is Rs 36108.52 Crore against Rs 23226.91 crore collected till January, 2021 with growth of 55.46%. The corresponding collection till January, 2020 was Rs 24,254.21 Crore.

There is also a collection of Rs 965.92 crore in CGST, Rs 1134.15 crore in IGST & Rs 752.19 crore in Cess during the month of January, 2022. The total collection of VAT (Petrol & Liquor) is Rs 853.43 crore during last month as against Rs 835.23 Crore during Jan„21 with growth rate of 2.18%.

Out of the above, collection from petroleum products is Rs 657.99 crore while collection from liquor is Rs 195.43 crore during the month.

The officials said that the growth of GST during the current FY is a result of better non filer management and regular return scrutiny by circles combined with enforcement activities which have resulted in better compliance by taxpayers.

During the current Financial Year, 39725 numbers of new taxpayers have been bought under the GST fold. A special two months drive for “survey and registration” of all potential GST & profession tax payers throughout the State was completed recently during which nearly 19,000 persons were contacted by State Tax Officers out of which 3727 eligible taxpayers were bought under the GST fold and 3305 eligible persons were bought under the Profession Tax fold.

Enforcement activities are being undertaken by the State GST Commissionerate as a deterrent to errant businessmen and to detect issues of fake invoice. During the current FY, 6 accused persons have been arrested involved in availing & passing on of bogus ITC total amounting to Rs 461.54 crore.

Further, 183 business premises have been raided resulting in detection of fraud and collection of tax and Penalty to the tune of Rs 29.67 crore on spot. Tax and Penalty collected during current FY through mobile activities & Transport Go-down Checking is Rs 19.72 crore.

Commissioner of CT & GST, Sushil Kumar Lohani has instructed the field officers to ensure at least 90% return filing, return scrutiny of all suspected/ big taxpayers as well as prompt demand and recovery in case of notice of any irregularities.

He also advised the officers to adhere to the principles of 5T and attend to the genuine grievances of the taxpayers without fail.