
Bhubaneswar: Odisha has achieved a significant milestone in tax collection, recording the highest-ever Gross GST (CGST+ IGST+ OGST + Cess) collection of Rs. 5902.25 Cr during April 2024. This marks a substantial increase from the corresponding collection of Rs. 5035.74 Cr recorded in April 2023, registering an impressive growth rate of 17.21%, surpassing the national average growth rate of 13%.
In addition to the Gross GST collection, Odisha has also witnessed the highest-ever State GST (OGST + IGST Settlement) collection, amounting to Rs. 2996.05 Cr in April 2024. This figure represents a remarkable growth rate of 32.94% compared to the collection of Rs. 2253.71 Cr in April 2023.
Of particular note is the collection of OGST during April, reaching Rs. 2081.83 Cr, which stands as the highest-ever OGST collection in the state’s history.
The comprehensive tax collection under all Acts monitored by the Commissionerate of CT & GST, Odisha, including OGST/ IGST Settlement, VAT, and Profession Tax, has surged to Rs. 3330.48 Cr during April 2024. This marks a substantial increase from the collection of Rs. 2544.45 Cr recorded in April 2023, reflecting a robust growth rate of 30.89%.
The buoyancy in the state’s economy is further evidenced by the significant increase in the generation of waybills. During April 2024, a total of 23.15 Lakh waybills were generated, compared to 20.90 Lakh waybills generated in April 2023, representing a growth of 10.76%. Out of the 23.15 Lakh e-waybills generated in April 2024, 12.38 Lakh were intra-state waybills, while 8.51 Lakh were inter-state waybills.
Bhubaneswar: Odisha and Japan are moving closer towards establishing a formal institutional partnership, with the…
Bhubaneswar: Odisha is steadily moving towards achieving universal rural pipe water connectivity, with the state…
Itanagar: The Centre on Wednesday launched an ambitious ₹167-crore cluster-based mission for development of kiwi…
Bhubaneswar: Seeking to modernise marine fisheries governance and strengthen coastal livelihoods, the Odisha Cabinet on…
Bhubaneswar: The Odisha government on Tuesday reviewed the progress of industrial projects, investment promotion activities…
Bhubaneswar: In a move aimed at simplifying business procedures in the petroleum sector, the Odisha…