Odisha mops up Rs 2,999 crore GST, data 11.37 per cent development

By Express News Service
BHUBANESWAR:  Even as Odisha has been below lockdown for the previous two months, it has mopped up a formidable GST assortment Rs 2,999.91 crore in June in opposition to Rs 2,693.75 crore in the course of the month final yr, posting a development of 11.37 per cent (laptop).

The State GST (SGST) assortment additionally noticed an increase of 13.13 laptop as Rs 858.83 crore was collected in June in comparison with Rs 759.17 crore in the identical month in 2020. The CGST, IGST and Cess assortment was Rs 743.16 crore, Rs 842.65 crore and Rs 555.27 crore respectively.

The progressive assortment of SGST this fiscal until June was Rs 2,812.93 crore in opposition to Rs 1,560.20 crore in the course of the corresponding interval final yr recording a progressive development of 80.29 laptop. In May, the State had an general GST assortment of Rs 3,196.75 crore, together with Rs 827.43 crore of SGST, Rs 690.32 crore of CGST, Rs 1,094.7 crore of IGST and Rs 584.3 crore of Cess.

While the SGST, CGST and Cess assortment in June was higher than that of May, the gross assortment dropped as income from IGST noticed a dip. It was Rs 842.65 crore final month as in comparison with Rs 1,094.7 crore in May. Although the general SGST assortment was anticipated to be hit badly as a result of lockdown imposed since May 5, the expansion in three parts was recorded on account of higher compliance, elevated assortment from iron and metal in addition to the mining sector that stay unaffected. Usually, the gathering of a month is mirrored within the subsequent month.

The complete assortment of VAT on petrol and liquor was Rs 709.32 crore throughout June in opposition to Rs 424.57 crore in the course of the month final yr. The assortment from petroleum merchandise and liquor was Rs 585.49 crore and Rs 123.82 crore respectively.

The progressive GST assortment until June posted a development of 93.48 laptop as Rs 10,046.14 crore was collected this fiscal in opposition to Rs 5,192.30 crore in the course of the April-June interval in 2020.

Commissioner of CT and GST Sushil Kumar Lohani has directed officers to make sure 90 laptop return submitting throughout the due date and improve the sector surveillance in order that potential leakages could possibly be plugged. As many as 7,984 new registrants have been introduced below the GST fold within the April-June interval, he added.

Performance report:Rs 858.83 crore  SGSTRs 743.16 crore  CGSTRs 842.65 crore  IGST Rs 555.27 crore  Cess assortment