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HomeGST NEWSOdisha records 13 percent GST growth in July

Odisha records 13 percent GST growth in July

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In the current financial year, the state of Odisha had shown positive growth. In the month of July 2020, its collection had raised to  Rs. 794.02 crore as against Rs. 702.44 crore recorded during the corresponding month last year (July 19), registering a growth rate of 13.04%.the growth was negative in the months of April 20, May 20 and June 20  at 1.15%, -25.22% & -5.83% respectively. Moreover, the collection for non-GST item i.e. petroleum products, is also showing encouraging trends 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%.

https://www.thestatesman.com/business/odisha-records-13-percent-gst-growth-july-1502913795.html

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