ENA Sectors 2023-11-02 13:52:25 <p><span style="font-size:14px"><strong>New Delhi, Nov 2 (KNN)</strong> According to the finance ministry, October's GST collections reached Rs 1.72 lakh crore, marking the second-highest figure on record.</span></p> <p><span style="font-size:14px">The collections are 13 per cent higher than the Rs 1.52 lakh crore collected in October 2022.</span></p> <p><span style="font-size:14px">GST revenue collection for October 2023 is second highest ever, next only to April 2023, at Rs 1.72 lakh crore; records increase of 13 per cent Y-o-Y, the ministry said in a statement.</span></p> <p><span style="font-size:14px">In April 2023, the Goods and Services Tax (GST) achieved its highest-ever revenue, reaching Rs 1.87 lakh crore.</span></p> <p><span style="font-size:14px">The FY 2023-24 now boasts an average monthly GST collection of Rs 1.66 lakh crore, showing an 11 per cent increase compared to the same period last year.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 35369 https://knnindia.co.in/news/newsdetails/sectors/october-gst-collections-hit-rs-172-lakh-crore-second-highest-ever 2023-11-02 13:52:25 knnindia.co.in