Odisha collects Rs 6,625 cr under GST in 2017-18

Bhubaneswar April 30 (IANS) The Odisha government has collected Rs 6 625.91 crore under the Goods and Service Tax (GST) in 2017-18 Finance Minister Sashi Bhusan Behera told the state Assembly on Monday.

Replying to a written question the Minister said Rs 1 832.74 crore had been collected under the Acts subsumed in the GST which was implemented in the country on July 1 2017.

The state government claimed Rs 2 309.67 crore GST compensation from the Centre.

"As against Rs 2 309.67 crore GST compensation due up to March 2018 the Centre has released Rs 2 019 crore up to February 2018. The Centre will release an amount of Rs 290.67 crore towards the loss for the month of March in its bi-monthly compensation of March and April in May 2018 " said Behera.

--IANS
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