October GST receipts up 4.6% on year - financialexpress.com

The gross goods and services tax (GST) collections came in at Rs 1.96 lakh crore in October, (September transactions), recording a year-on-year growth of 4.6%, according to official data released on Saturday. An annual growth in gross receipts of the indirect tax could be achieved, despite massive cuts in tax rates for around 380 items, including automobiles and consumer durables, taking effect in…