Bhubaneswar: Odisha has witnessed positive growth rate of State GST collection during the current financial year in the month of July ’2020 despite lockdown.
The collection of State GST (OGST) in July 2020 increased to Rs. 794.02 Crore as against Rs. 702.44 Crore made during the corresponding month last year (July’19), registering a growth rate of 13.04 Percent.
SK Lohani, Commissioner CT and GST said the turnaround of positive growth rate in July’20 is primarily due to regular persuasion and facilitation by the field officers.
Lohani said the taxpayers were advised to fulfill their tax compliance liabilities within the prescribed due date.
He said the other indicator of growth of business of state economy is movement of goods, both interstate and intrastate with utilization of waybills.
The Commissioner CT and GST said the collection from one of the non-GST items – petroleum products, is also showing encouraging trend during July. The collection of July 2020 against this item increased to Rs. 521.47 Crore from Rs. 509.03 Crore collected in July 2019 registering a growth rate of 2.5 PC.
Lohani said he has advised all the tax officers to complete all the adjudications in time for disposing off appeal and revision cases promptly.