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SGST Records 52 % Growth

Bhubaneswar: Odisha has recorded the highest ever SGST collection of Rs. 1714.78 crore during April 2022 against Rs.1126.67 crore during April 2021 with a growth of 52.20% surpassing the previous highest recorded in the month of March 2022 by a big margin of Rs. 363.53 crore.

This was informed by Commissioner of CT & GST, Sushil Kumar Lohani here on Monday.

Odisha has also maintained the highest growth rate of gross GST amongst the major States with a collection of Rs 4910.23 crore during April ‘22 as against Rs 3849.48 crore collected during April’21, registering a growth of 28%, he said

The gross GST collection during April ‘22 is also the highest in a month since inception of GST.  

There is a collection of Rs.1381.00 crore in CGST with growth of 45% and Rs.722.40 crore in Cess with growth of 18% during the last month.  However, IGST monthly settlement has shown a negative growth of 89% owing to substantial increase in inter-state sales during the month.

The total collection of VAT (petrol & liquor) is Rs. 232.88 crore during April ‘22 as against Rs. 224.25 crore collected during April ‘21 with a marginal growth rate of 3.85%.

Collection from petroleum products is Rs. 176.52 crore in the last month against Rs.172.70 crore collected during April 21with growth of 2.21%.  Similarly, the collection from liquor is Rs 56.36 crore during April ‘22 while Rs. 51.55 crore collected from this commodity during April ’21, thereby recording a growth rate of 9.33%.

There is a growth of 19.43% in Profession Tax with a collection of Rs. 27.17 crore in the last month against collection of Rs.22.75 crore during April last year. All GST registered taxpayers as well as other Professionals are also advised to pay their annual Profession Tax in the first quarter of 2022-23, Lohani said.

The high growth in gross GST has been led by mining and manufacturing sectors with growth of 179% in mining sector, 270% in manufacturing Sector and 105% in Trading Sector.

In addition, regular surveillance and intelligence-based action against the tax evaders have contributed significantly in improving compliance by the taxpayers, he added.

The Commissioner 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 detection of irregularities.

He has further advised to devise sector specific strategies for detection of tax evaders and to also focus on real estate, minor mineral, trading sector etc.

The robust growth of GST is also a result of better non filer management and regular return scrutiny by Circles combined with enforcement activities. During the last Financial Year, Rs. 479.08 crore had been collected in cash after raising demand from wrong return filers while Rs. 36.23 crore had been collected as interest from late filers. Similar activities are being undertaken during this year also, he informed.

During April 2022, 3145 new taxpayers were bought under the GST fold. Further, the total e-waybill generated during April 2022 was 17.57 lakh against 15.28 lakh generated during April ‘21 witnessing a growth of 14.98%. This reflects consistent recovery in economic activities and growth post Covid-19.