Cuttack: Odisha has recorded a growth of 20.01% in gross GST collection (CGST, IGST, SGST & Cess) during December 2020 which is the highest growth rate for the month, compared to December 2019, amongst all the major states in the country. The Gross GST Collection during December 2020 is Rs. 2860.20 crore against Rs. 2383.29 cr collected during the corresponding period last year.
The collection of OGST during Dec ’20 is Rs. 765.26 Cr. against Rs. 726.29 Cr. collected during Dec ’19 with a growth rate of 5.37%. Collection of IGST during Dec ’20 is Rs. 965.75 Cr against Rs. 696.04 Cr made during Dec ’19 with growth of 38.75% which is the highest growth in a month of the current financial year. However, the collection of GST from mining sector continues to be sluggish due to non-operation of many of the mines. The collection is expected to improve in the coming months with gradual opening up of most sectors in the economy as well as with increase in government expenditure in infrastructure projects and increase in public consumption.
The total Non GST Collection (Petrol and Liquor) of Rs. 701.00 Cr is also the highest collection during the current financial year for a month registering a positive growth rate of 16.72% against collection of Rs. 600.60 Cr during Dec’19.
CT & GST Organization has been focusing on increasing the tax base of GST with constant survey and registration. 35461 new entities have been brought under the GST fold in the current FY (till Dec ’20). All Circles have been instructed to ensure at least 90% return filing within due date. 97513 nos of notices have been issued to Non Filers, 8665 assessment U/s 62 initiated for non filing of returns and demand in 6047 cases have been raised through DRC-07. Further, 5497 nos. of registrations of habitual defaulters have been cancelled. As a result of these, the return filing percentage of the preceding three months i.e. for Sept ’20, Oct ’20 & Nov ’20 for state assigned taxpayers has been 92.06%, 92.29% and 92.30% respectively.
The number of e-way bill generated by dealers from Odisha is 14.72 Lakh during Dec ’20 which is the highest number of e-waybills generated during the current FY. The e-waybill generation has also shown a positive growth of 12% which reflects increased economic activities.
Data Analytics are being used for generation of various analytical reports. Based on data analytics, 45436 returns have been scrutinized out of which discrepancy noticed in 9214 cases and statutory action initiated. Enforcement Activities have been stepped up in order to increase the compliance amongst taxpayers and unearth fraudulent activities. Based on intensive Data Analysis and internal intelligence, the State Enforcement Wing has busted many rackets involved in raising bogus invoices and arrested 17 persons for their involvement in availing and passing of bogus ITC to the tune of Rs. 970 Cr. so far.
Further, Government has extended the due date of furnishing of annual return under Section 44 of the Odisha goods and Services Tax Act, 2017 for the Financial Year 2019-20 from 31st December, 2020 to 28th February, 2021. In this regard, the taxpayers are requested to furnish their annual return, if not furnished, for the Financial Year 2019- 20 by the extended due date of 28th February, 2021.