02 January 2020
Bhubaneswar: With State GST collection of Rs 726.29 crore in December '19 against Rs 572.38 crore in December '18, Odisha has achieved a growth rate of 26.89% in GST collection. Similarly, a healthy trend has been observed in Central GST collection. With CGST collection of Rs 529.78 Cr in December '19 against Rs 443.58 Cr in December 18, growth rate of 19.43% was achieved, the Commissionerate of CT and GST, Odisha stated in a press release issued today.
Up to December '19, Odisha has collected Rs 6387.47 crore of State GST against Rs 4955.90 crore collected during the corresponding period of previous year with growth rate of 28.89%. Similarly, Rs 4767.94 crore of Central GST has been collected during the said period against Rs 3715.33 crore collected during the corresponding period of the previous year with a growth rate of 28.33%.
The total GST collection (COST, IGST, SGST & Cess) from April-December '19 shows a growth rate of 13.89% with collection of Rs 21750.24 crore against Rs 19613.71 crore collected during April-December '18. The overall growth rate is low due to negative growth rate in IGST and Cess. Cess is mainly collected on sale of coal which has negative growth this year.
The negative trend in IGST collection is mainly on account of slowdown in the steel industry. However, from State's perspective, there is healthy growth in the transactional tax collected in the form of SGST & CGST (28-29%) Further, filing of return (GSTR 38) has also shown healthy improvement of late with 84% dealers assigned to State have filed their GSTR 3B returns within due date in the month of December '19.
In order to further streamline tax administration under GST, instructions have been issued to cancel the registration of all the fake/non-serious dealers after field inquiry. Further, targets have been assigned to conduct a survey of potential taxpayers not registered under GST to increase the tax base.
GST Commissionerate has also issued instructions to its field units to take a special drive against non-filers and wrong return filers. As a result, 25,928 notices have been issued against the dealers not filing returns. 6091 notices have been issued against dealers filing wrong returns, the press note read.
In addition, Commissionerate of Commercial Tax and GST, through data analytics, is identifying fake invoice issuers for exemplary enforcement action.
Five masterminds of rackets running fake dealer network with the intention of passing fake input tax credits have been arrested and action has been initiated against recipients of such fake invoices. In addition, many suspected high stake cases are also under investigation.
GST Commissioner has instructed all Circles to ensure return scrutiny of all taxpayers having liability and credit mismatch and take necessary follow up action. Commissionerate of CT & GST is taking all possible measures to achieve the target assigned to it by the State Government, the note added.