The Gross GST Collection during Dec 2020 is Rs 2860.20 Cr against Rs 2383.29 Cr collected during the corresponding period last year, said a release by the Commissionerate of CT & GST, Odisha.
The collection of OGST during Dec 2020 is Rs. 765.26 Cr against Rs 726.29 Cr collected during Dec 2019 with a growth rate of 5.37%.
Similarly, the Collection of IGST during Dec 2020 is Rs 965.75 Cr against Rs 696.04 Cr made during Dec 2019 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.
On the other hand, 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 2019.
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 2020).
All Circles have been instructed to ensure at least 90% return filing within due date. 97513 numbers 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,Oct, & Nov 2020 for state assigned taxpayers has been 92.06%, 92.29% and 92.30% respectively.
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.