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Sales tax collection up 26.5 per cent in Apr-Dec
January, 07th 2011

The sales tax collection in Orissa in the April-December period has gone up by 26.5 per cent. The sales tax collection in this period stands at Rs 4309.05 crore compared to the comparative figure of Rs 3406.24 crore in the last fiscal.

The state has achieved 59.94 per cent of its sales tax target for 2010-11 pegged at Rs 7188.42 crore.

The sales tax collection for December 2010 has been Rs 545.70 crore which is an increase of 30.79 per cent over Rs 417.23 crore achieved a year ago.

The collection of Value Added Tax (VAT) till the end of December in this fiscal stands at Rs 3919.37 crore and this marks a growth of 26.93 per cent over Rs 3087.74 crore in the April-December period of 2009-10. The VAT collection at Rs 3919.37 crore is an achievement of 60 per cent of the targeted Rs 6531.05 crore.

The VAT collection in December 2010 is Rs 497.72 crore which is a growth of 29.57 per cent over Rs 384.13 crore a year ago.

Similarly, the Central Sales Tax (CST) collection at Rs 389.67 crore till the end of December in the current financial year is an increase of 22.35 per cent over Rs 318.5 crore recorded in the corresponding period of 2009-10.

The state government has achieved 59.27 per cent of the targeted collection of Rs 657.37 crore for this fiscal. The CST collection in December 2010 at Rs 47.98 crore is an increase of 44.93 per cent over Rs 33.10 crore achieved in December 2009.

The state's entry tax collection at 676.81 crore during April-December this year is a growth of 44.6 per cent over Rs 468.06 crore achieved in the same period of 2009-10.

In terms of entry tax collection, the state government has achieved 67.24 per cent of the targeted Rs 1006.47 crore set for the fiscal.For December 2010, the entry tax collection has been Rs 84.95 crore, an increase of 22.37 per cent over Rs 69.42 crore in December 2009.Professional tax collection at Rs 79.76 crore in the April-December period of this fiscal is a growth of 11.45 per cent over Rs 71.56 crore clocked in the corresponding period of 2009-10.

 
 
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