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GST collections rise 13% yoy to Rs 1.72 lakh cr in October; second highest after April - Vimarsana News

GST collections rise 13% yoy to Rs 1.72 lakh cr in October; second highest after April

Goods and Services Tax (GST) for the month of October increased by 13 per cent Y-o-Y to Rs 1.72 lakh crore, revealed data published by the Ministry of Finance. GST revenue collection for October 2023 is second highest ever after April 2023.

GST Collections Rise 13 pc to Rs 1.72 Lakh Cr in October; Second Highest-ever - Vimarsana News

GST Collections Rise 13 pc to Rs 1.72 Lakh Cr in October; Second Highest-ever

The average gross monthly GST collection in the current fiscal has also shown an 11 per cent growth year-on-year at Rs 1.66 lakh crore