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Odisha records OGST collection of Rs 827.43 crore in May | Bhubaneswar News

BHUBANESWAR: Despite the Covid-19 pandemic situation, the state has witnessed record collection of Odisha Goods and Services Tax (OGST).
It has collected Rs 827.43 crore during the month of May this year against the collection of Rs 589.3 crore in May 2019 and Rs 440.67 crore in May last year.
Last month’s collection has recorded a growth of 40.4% against the collection of May 2019.
This growth is witnessed despite the extension of return filing date by the GST Council and poor filing of returns/payment of tax by dealers having turnover of less than Rs 5 crore, said the official sources.
“This growth in OGST collection is a result of better compliance by dealers having turnover of more than Rs 5 crore during previous year, increased collection from iron and steel sector as well as collection from matured GST demand made by tax officers after return scrutiny,” said the finance department sources. ....

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Odisha records highest ever OGST collection of Rs 1126.67 cr in April 2021

Odisha records highest ever OGST collection of Rs 1126.67 cr in April 2021
ANI |
Updated: May 03, 2021 22:16 IST
Bhubaneswar (Odisha) [India], May 3 (ANI): The Odisha government on Monday informed that the state has recorded the highest OGST collection of Rs 1126.67 crores during April, 2021.
In Odisha, the GST collection in April 2019 was Rs 927.60 crores and Rs 360.36 crores during last April 2020 amid the pandemic.
As per the Commissionerate of Central Taxes (CT) and GST, Odisha said the previous highest Odisha Goods and Services Tax (OGST) was Rs 954.62 crore, which was collected in March.
The rise in collection during April 21 is a result of proper compliance, increased collection from iron and steel sector as well as collection from matured GST demand made by tax officers after return scrutiny, said Commissionerate of CT and GST in a statement. ....

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PACS functionaries suspended in Odisha

Odishatv.in reports Odisha Supplies and Cooperative Minister Ranendra Pratap Swain suspended 15 cooperative society secretaries and dismissed a data entry operator.
All the suspended secretaries belonged to PACS under Sambalpur Central Cooperative Bank. Similarly, several secretaries of PACS from Bolangir, Boudh and Keonjhar Central Cooperative Banks were also suspended by the department.
PACS functionaries have been suspended with a view to ensuring transparency in paddy procurement. ....

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Fake GST invoice racket worth Rs 510 cr busted in Cuttack, kingpin held

Odisha Goods and Services Tax (GST) Commissionerate busted tax invoice fraud to the tune of Rs 510 crore and arrested its mastermind, Sandeep Mohanty in Cuttack, an official said on Friday.
SK Lohani, Odisha Commissioner, Central Tax (CT) and GST while talking to ANI said that the accused has accepted his crimes.
There are people who try to misuse the GST system. After analysis of data, we shortlist doubtful tax returns and do field checks of such filing entities. In this process, we found a tax theft racket where a person named Sandeep Mohanty used fake purchase and sale invoices of Rs 510 crores, Lohani said. ....

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Fake GST invoice racket worth Rs 510 crore busted in Odisha's Cuttack, kingpin held

Fake GST invoice racket worth Rs 510 crore busted in Odisha s Cuttack, kingpin held
ANI |
Updated: Jan 02, 2021 05:54 IST
Cuttack (Odisha) [India], January 2 (ANI): Odisha Goods and Services Tax (GST) Commissionerate busted tax invoice fraud to the tune of Rs 510 crore and arrested its mastermind, Sandeep Mohanty in Cuttack, an official said on Friday.
SK Lohani, Odisha Commissioner, Central Tax (CT) and GST while talking to ANI said that the accused has accepted his crimes.
There are people who try to misuse the GST system. After analysis of data, we shortlist doubtful tax returns and do field checks of such filing entities. In this process, we found a tax theft racket where a person named Sandeep Mohanty used fake purchase and sale invoices of Rs 510 crores, Lohani said. ....

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