October witnessed a remarkable surge in India's Goods and Services Tax revenues, hitting Rs 2.31 lakh crore, reflecting a commendable 22.9% growth from last year. This rise was primarily fueled by a staggering 42.2% increase in imports and consistent domestic transactions. Furthermore, major states contributed positively to these collections, showcasing a resilient economy and improved adherence to tax regulations across the country.

GST collections rise 22.9% to Rs 2.31 lakh crore in October https://timesofindia.indiatimes.com/business/india-business/gst-collections-rise-22-9-to-rs-2-31-lakh-crore-in-october/articleshow/135421008.cms