The Business Bytes
TBB BUREAU
BHUBANESWAR, AUGUST 02, 2021
Odisha has registered 54 per cent growth in Goods and Services Tax (GST) collection in July as compared to the corresponding month of the previous year.
Odisha collected GST worth Rs 3,615 crore in July this year as against Rs 2,348 crore collected in the corresponding month in the previous year.
The state collected Rs 927 crore in CGST, Rs 1,028 crore in IGST and Rs 592 crore in cess in July. Moreover, the total collection of VAT (petrol and liquor) was Rs 824.53 crore in July as against Rs 611.36 crore collected in July 2020, recording a growth of 34.86 per cent.
GST collection till July end of the current financial year (FY 2021-22) stands at Rs 13,661 crore, as against Rs 7,540 crore collected in the year-ago period, thereby recording a growth of 81 per cent.
