Bhubaneswar: The State has recorded the highest ever collection of gross GST of Rs 5135.81 crore during the month of February 2024.
The State has registered a growth rate of 13.64 per cent in gross GST collection during last month as the state had collected gross GST of Rs 4519.35 crore in February 2023.
The progressive gross GST collection during the financial year 2023-24 (till February 24) stood at Rs 49,638.64 crore, thereby recording a growth of 11.07 per cent over the corresponding period of financial year 2022-23.
Odisha has also recorded the third highest ever collection of State GST with a collection of Rs 2,295.41 crore during February 2024 against corresponding collection of 1673.96 crore recorded during February 2023 registering a phenomenal growth rate of 37.12 per cent, official informed.
The progressive collection of State GST up to February 2024 is Rs 21,846.55 crore while the collection during the same period of previous year was Rs 16,710.34 crore. Thus, the State has registered a growth rate of 30.74 per cent in the progressive collection of State GST.
The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including OGST/ IGST Settlement / VAT and Profession Tax during February 24 is Rs 3470.75 crore against the collection of Rs 2765.44 crore during February 23 with a growth rate of 25.50 percent.
The progressive collection under all Acts up to February 24 is Rs 32,807.67 crore with a growth rate of 20.84 percent over corresponding collection up to February 23.
During February 24, 23.77 lakh of waybills have been generated vis-à-vis 19.86 lakh of waybills generated during February 2023 recording a growth of 19.69% reflecting the buoyancy in the State economy. Out of the 23.77 lakh e-waybills generated during February 24, 14.06 lakh were intra-state waybills while 9.71 lakh were inter-state waybills, the officials said.