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

Maharashtra: CM Shinde of Maharashtra will go to Ayodhya, earlier Thackeray was accused of stopping the journey

Maharashtra Chief Minister Eknath Shinde will go to Ayodhya and visit Ramlala. Shinde said this i

Offline Grocery Store: 86 percent people buy groceries from shops, two percent people take online support

Despite increasing online and e-commerce, 86 percent of people in the country prefer to buy goods

Panchayat 3 Trailer: How will the old 'Secretary' stop the big fraud happening this time in 'Phulera' village, everyone will become leaders

Panchayat is such a web series on Amazon Prime that no matter how many seasons are released, the

Maha Kumbh: This time Dome City will be built above the ground, arrangements will be made for 200 people to stay at a time, and homestays will also be ready

On the one hand, while preparations are being made on a war footing for the Maha Kumbh to be held

Delhi-NCR Weather Update: Storm will blow... lightning will thunder, possibility of rain in NCR; weather will remain like this for a week

The people of Delhi-NCR have been getting relief from the humid heat for the last three days. The

The third day of PM's Gujarat tour: Today there will be public meetings with road shows in Surendranagar, Jambusar, and Navsari

Today is the third day of Prime Minister Narendra Modi's visit to Gujarat. Today he will hold pub

Narendra Modi: What will change if Modi becomes PM again? Indian American author told how India will benefit if BJP comes back

After the re-election of Prime Minister Narendra Modi, India will get stability in the next five

BPSC Exam: Amidst protests, the exam will be held again today under tight security, static and zonal magistrates will keep an eye

Amidst the strong demand for complete cancellation of the integrated 70th Combined Preliminary Co

'No compromise with law and order', Telangana CM Revanth Reddy gives strict warning to Telugu film association!

Actor Allu Arjun is constantly in the headlines due to the Pushpa 2 stampede controversy. Meanwhi

MI Playoffs Scenario: How can Mumbai Indians get a playoff ticket even with 12 points? Know the complete equation

Mumbai Indians were defeated by Kolkata Knight Riders after 12 years at the Wankhede Stadium in M