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

Ramayan: Arun Govil will play this character in Nitesh Tiwari's 'Ramayan', big update also came regarding Ranbir Kapoor's role.

Director Nitesh Tiwari's 'Ramayana' has been in the news for the last few days. The star cast of

Lunar Eclipse 2023: The first lunar eclipse of the year today, a rare coincidence after 130 years; What will be the effect in India?

Lunar Eclipse 2023: The first lunar eclipse of the year 2023 is falling on 5 May. This shadow wil

IND vs ENG: Ashwin and Bairstow playing 100th Test in Dharamshala, this happened for the first time since 2013, creating history

The fifth and last match of the five-match Test series between India and England is being played

Elvish Yadav: After becoming the winner of Bigg Boss OTT 2, Elvish Yadav will run 'System' in Bollywood! told plan

Bigg Boss OTT 2 Winner Elvish Yadav On Bollywood: The controversial reality show 'Bigg Boss OTT S

Women will not be able to go to amusement parks in Afghanistan, Taliban ban

Women in Afghanistan will no longer be able to go to amusement parks. The Taliban have banned the

Pune car crash: Notice issued to minor accused in Porsche case, to appear before Juvenile Justice Board today

On May 18, a speeding Porsche car hit a bike in Pune, Maharashtra. Two bike riders died on the sp

Post-Budget Webinar: 'India is moving fast in infrastructure construction', the PM said - will become a developed country by 2047

PM Modi in Post-Budget Webinar Prime Minister Narendra Modi has been addressing pre-budget webina

Trump Tariff: Trump's tariffs hurt the US economy, decision to return to Reciprocal Tariff will be difficult

The fear of Reciprocal Tariff is still a little uncertain but comparatively seems to be calming d

Lionel Messi: Messi went for a walk with his wife and got suspended from PSG! Know why there was a dispute between club-footballer

All is not well between star footballer Lionel Messi and his club Paris Saint Germain (PSG). Acco

CBSE Board Result: CBSE Board 10th-12th results after May 20; Update on result portal

CBSE Board 10th, 12th Result 2024: CBSE Board class 10th and 12th results are going to&