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GST Collections Surge Past Rs 2.03 Lakh Crore in October Business

GST Collections Surge Past Rs 2.03 Lakh Crore in October

Short2News· 1h ago ·👁 1 reads

India's gross GST collections exceeded Rs 2.03 lakh crore in October, marking a significant fiscal milestone. This surge is partly attributed to a 42 percent growth in import tax revenue. Meanwhile, total GST refunds rose by 6.5 percent year-on-year to Rs 27,934 crore, reflecting robust economic activity and improved tax compliance across the country.

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