October GST Collection: In October, GST collection grew by 16.6 percent, crossing 1.50 lakh crore for the second time

Posted on 1st Nov 2022 03:13 pm by rohit kumar

There has been an increase of 16.6 percent in the Goods and Services Tax collection in October. According to the information given by the Ministry of Finance, the GST collection during this month has increased to Rs 1.52 lakh crore. This is the second-highest GST collection to date. For the second time, the figure for GST collection has reached nearly 1.5 lakh crores. Let us inform you that the GST collection reached a record high of about Rs 1.68 lakh crore in April. Central GST collection in October stood at Rs 26,039 crore.

 

 

In October last year, the GST collection figure was over Rs 1.30 lakh crore. According to the information given by the Finance Ministry, the gross GST collection in October 2022 was Rs 1,51,718 crore. According to this, the share of Central GST is Rs 26,039 crore, State GST Rs 33,396 crore, and Integrated GST is Rs 81,778 crore (including Rs 37,297 crore collected on import of goods).

 

 

According to the data, Rs 10,505 crore (including Rs 825 crore collected on import of goods) was accumulated by way of cess. GST collection has been over Rs 1.40 lakh crore for eight consecutive months. In September 2022, 83 crore e-way bills were generated, which is much higher than the 7.7 crore e-way bills in August 2022.

 

Also Read: New Rules from November 1: These big changes are going to happen from November 1, know how they will affect you?

Other news

Pi Day 2023: Maths Day is celebrated on March 14 at 1.59 pm because of Pi value 3.14159, this is the theme of this year

International Mathematics Pi Day 2023: Today, March 14, is International Mathematics Day. Due to

Danger of terrorist attacks from drones around the world: Jaishankar said in UNSC - terrorists have made internet a weapon, spreading propaganda through it

Today is the second day of the special meeting of the Counter-Terrorism Committee of the United N

J&K: 370 finished... Yatra will be completed when we reach Gilgit-Baltistan - Rajnath Singh said in Srinagar

Union Defense Minister Rajnath Singh has reached Srinagar. He is on a two-day visit to Jammu and

Inflation: Dealing with inflation, which has reached high levels for the last three quarters, test for India, impact on investment

There is no relief from the high inflation in the country for the last 9 months. This is having a

Delhi: Heavy ruckus, local people and police clash over the removal of the railing of a temple in Mandawali area

There was a ruckus in East Delhi's Mandawali area over the removal of the alleged illegal railing

Women Reservation Bill: Sonia Gandhi will be the main speaker of Congress for the debate in Lok Sabha

Women Reservation Bill 2023: The Women Reservation Bill will be discussed in the Lok Sabha on Wed

RVM: Election Commission may start from the Election Commission in the workout of connecting crores of migrants with voting

Political parties may not be clear yet on the issue of connecting migrant voters with the process

Sunny Deol will be seen in 'Border 2' after 'Gadar 2'? Big update regarding the sequel and cast of the film

After 22 years, Sunny Deol has once again returned to the big screen as 'Tara Singh'. His movie '

Rafael FighterJet: Navy convinced of Rafale aircraft after Air Force, report sent to Defense Ministry, another deal may be done with France

INS Vikrant: Can India once again make a Rafale fighter jet deal with France? This question is be

India will make its framework regarding the future of the Internet, the government is committed to digital security

Minister of State for Electronics and IT, Rajeev Chandrasekhar said that India does not need to e