GST collection in October crosses ₹1.3 lakh crore, second highest ever

The gross GST revenue collected in the month of October 2021 exceeded  ₹1.3 lakh crore. The GST revenues for October is the second highest ever since introduction of GST, second only to that in April 2021, which related to year-end revenues. The revenues for the month of October 2021 are 24% higher than the GST revenues in the same month last year. The GST collections in October came in…