November 2, 2021 8:17 AM

GST revenue collection for October second highest in history

The GST revenues for October have been the second-highest ever since the introduction of GST, second only to that in April this year. The gross GST revenue collected in the month of October is one lakh 30 thousand 127 crore rupees. Out of this amount, the CGST component is 23,861 crore, SGST is 30,421 crore, IGST is 67,361 crore and Cess is 8,484 crore rupees. The revenues for the month of October this year are 24 per cent higher than the GST revenues in the same month last year. During the mont...