Odisha registers 16 per cent growth in July GST collection, check details

Bhubaneswar: Odisha has registered a 16 per cent growth in Goods and Services Tax (GST) collection for the month of July, 2023.

According to reports, the GST collection for the month of July in 2022 was Rs 3652 Crore and it rose to Rs 4245 Crore in July 2023.

Likewise, the entire country’s gross GST revenue for July rose by a meagre 2 per cent to Rs 1,65,105 crore as against Rs 1,61,497 crore collected in June.

Out of Rs 1,65,105 crore GST collections for July, CGST was Rs 29,773 crore, SGST was Rs 37,623 crore, IGST was Rs 85,930 crore (including Rs 41,239 crore collected on import of goods) and cess stood at Rs 11,779 crore (including Rs 840 crore collected on import of goods).

The government has settled Rs 39,785 crore to CGST and Rs 33,188 crore to SGST from IGST.

The total revenue of Centre and the states in the month of July 2023 after regular settlement was Rs 69,558 crore for CGST and Rs 70,811 crore for the SGST.

Mizoram recorded the highest growth of the month of July as it reported a 47 per cent rise in the GST Collection. In July, 2022 it was only 27 per cent but it rose to 39 per cent in July 2023.

16% Year-on-Year Growth In July GST Collection For #Odisha

July 2022: Rs 3652-Cr
July 2023: Rs 4245-Cr

For the entire country, ₹1,65,105 crore gross GST revenue collected for July 2023; records 11% Year-on-Year growth

Gross GST collection crosses ₹1.6 lakh crore mark for 5th… pic.twitter.com/9Qk3qTn9MH

— Soumyajit Pattnaik (@soumyajitt) August 1, 2023