Odisha posts 11 per cent growth in gross GST collection

Odisha has recorded around 11.17 per cent growth in gross GST collection in May compared to the same month the previous year. The tax revenue collection was Rs 4,397.73 crore last month against Rs 3,955.75 crore during the corresponding period in 2022.

The state posted 6.4 per cent growth in progressive gross GST collection up to May this year. The April and May collection stood at Rs 9,433.47 crore compared to Rs 8,865.98 crore last year. Official sources said, from the overall collection, the total revenue (consisting of state GST and IGST settlement) to be retained by the state has recorded a growth of 30.28 per cent in May. The state retained Rs 1,675.77 crore last month against Rs 1,286.29 crore in May last year.

Read more :