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GST Records 64% Growth

Bhubaneswar: Odisha has recorded 64 per cent growth in GST collection during the month of November 2021 compared to the same month of last year.

GST collection of Odisha has touched new heights with a collection of Rs 4136 crore during November 2021 as against Rs 2528 crore collected during November 2020 registering a growth of 64%.

The growth of collection during November ‘21 is also the highest amongst major states for the 3rd consecutive month as well as the highest ever gross collection of GST by the State since launch of GST, said an official.

The progressive GST collection till November ‘21 is Rs. 28032.98 crore against Rs. 17,229.26 crore till November ‘20 with growth of 62.71%. The corresponding collection till November ‘19 was Rs. 19366.95 crore.

The collection of OGST during the month of November ’21 is Rs. 1157.69 crore against a collection of Rs. 681.96 crore during November ‘20 recording a robust growth of 69.76%. The collection of Rs. 1157.69 crore during November ’21 is also the highest ever gross collection of OGST by the state since the inception of GST, the official stated.

Similarly, the progressive collection of OGST upto November 2021 is Rs 7977.60 crore against a collection of Rs. 5013.50 crore upto November 2020 recording a progressive growth of 59.12%. The corresponding figure till November 2019 was Rs 5661.18 crore.

There is also collection of Rs 1001.08 crore in CGST, Rs 1223.24 in IGST & 753.77 crore in cess during November ’21 recording a growth of 87.62%, 55.31% & 43.62% over November ’20, respectively.

The total collection of VAT (petrol & liquor) is Rs 844.45 crore in November ‘21 as against Rs 601.65 crore during November ’20 with growth rate of 40.36%.

Out of the above, collection from petroleum products is Rs 675.93 crore against Rs 520.56 crore collected during November 20 with growth rate of 29.85%. Moreover, collection from Liquor is Rs 168.52 crore during November ‘21 as against Rs 81.09 crore during November 20 with growth rate of 107.82%

This growth during November’21 is a result of an increase in collection from the automobile, mining and manufacturing sector. Further, non filer management and regular return scrutiny by Circles combined with enforcement activities has resulted in better compliance by taxpayers, the officials informed.

In this regard, during the current FY, 8512 nos. of assessment have been initiated against defaulters for non filing of returns.

The total e-waybill generated during November ’21 was 14.65 Lakh against 13.40 lakh during November ’20 witnessing a growth of 9.38%.

Zonal review of all Territorial Circles and Ranges including Enforcement Ranges was held during November at five locations in the State i.e. Cuttack, Bhubaneswar, Jharsuguda, Ganjam and Balasore.

During the course of review, Commissioner of CT & GST, Sushil Kumar Lohani instructed the field officers for proper maintenance of records, correct procedure to be followed during return scrutiny, demand and recovery. He also advised the officers to adhere to the principles of 5T and attend to the genuine grievances of the taxpayers without fail.