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GST collections hit second-highest ever in October 2024

By Business Standard - 3 weeks ago
The robust performance can be attributed to a confluence of factors, including the festive season's positive impact on consumer spending, a surge in domestic sales, and improved compliance measures. The breakdown of the GST collections is as follows: Central GST stood at Rs 33,821 crore, State GST at 41,864 crore, Integrated IGST at Rs 99,111 crore and cess at Rs 12,550 crore.

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