GST collections in October increase by 9% to Rs 1.87 lakh crore

Goods and Services Tax (GST) collections in October, in gross terms, were at Rs 1.87 lakh crore, with a yearly jump of 8.9 per cent, according to data from the finance ministry released on Friday. In October 2023, the total collection was to the tune of Rs 1.72 lakh crore. CGST, SGST, IGST, and cess all increased year-on-year in October, official data made available showed today. So far in 2024, t…