GST collections in October 2023 hit second highest ever of Rs 1.72 lakh crore

GST collections surge to the second-highest ever! The gross GST (Goods and Services Tax) revenue for the month of October 2023 amounted to Rs 1,72,003 crore. This comprises Rs 30,062 crore in CGST (Central GST), Rs 38,171 crore in SGST (States GST), Rs 91,315 crore (including Rs 42,127 crore from imported goods) in IGST, and Rs 12,456 crore (including Rs 1,294 crore from imported goods) in cess. I…