Goods and Services Tax collection in the month of October was Rs 1,87,346 crore, which is 8.9 percent more than Rs 1.72 lakh crore in the month of October last financial year. At the same time, a month ago i.e. in September 2024, the GST collection was Rs 1.73 lakh crore. After the release of GST refunds, the total collection in the month of October has been Rs 1,68,041 crore with a jump of 8 percent.
GST Collection in October- Total GST collection stood at Rs 1,87,346 crore, out of which GST refund of Rs 19,306 crore was issued.
In the month of October of the last financial year, a refund of Rs 16,335 crore was issued. That is, there has been an increase of 18.2 percent in giving refunds in this month of October. Data of gross and net collection has been released. The total GST revenue in this month was Rs 1,87,346 crore. CGST revenue is Rs 33,821 crore, SGST revenue is Rs 41,864 crore, IGST is Rs 54,878 crore and cess is Rs 11,688 crore. There has been a jump of 10.6 percent in gross domestic revenue. On the import front, revenue of Rs 44,233 crore has come from IGST and Rs 862 crore from cess.
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