Odisha has maintained the highest growth rate of gross GST amongst the major states with a collection of Rs 4,910.23 crore during April 2022 as against Rs 3,849.48 crore collected during the same month of 2021, registering a growth of 28 percent, officials said on Monday.
The gross GST collection during the last month is also the highest in a month since inception of GST, claimed the state GST officials.
Similarly, the state has also recorded the highest ever OGST (Odisha GST) collection of Rs 1,714.78 crore during April 2022 against Rs 1,126.67 crore collected during April 2021 with a growth of 52.20 percent. This growth rate has surpassed the previous highest record in the month of March 2022 by a big margin of Rs 363.53 crore.
There is a collection of Rs 1,381 crore in CGST with a growth of 45 percent and Rs 722.40 crore in cess with a growth of 18 percent during the last month. However, the IGST monthly settlement has shown a negative growth of 89 percent owing to a substantial increase in inter-state sales during the month, the officials said.
The total collection of VAT (petrol & liquor) is Rs 232.88 crore on April 22 as against Rs 224.25 crore collected on April ’21, thereby registering a marginal growth rate of 3.85 percent.
The state has also witnessed a growth of 19.43 percent in professional tax with a collection of Rs 27.17 crore in the last month against the collection of Rs 22.75 crore during April last year.
The high growth in gross GST has been led by the mining and manufacturing sectors. There is a growth of 179 percent in the mining sector, 270 percent in the manufacturing sector, and 105 percent in the trading sector during the last month.
In addition, regular surveillance and intelligence-based action against the tax evaders have contributed significantly to improving compliance by the taxpayers, they added.
