GST Collections Rise 22.9% to Rs 2.31 Lakh Crore in October

• Gross GST collections in October reached Rs 2.31 lakh crore, a 22.9% increase from the previous year.
• Revenues from domestic sales rose by 16% to over Rs 1.59 lakh crore.
• Import revenues surged by 42.2% to Rs 72,246 crore.
• Major states contributed positively to these collections, indicating a resilient economy.
• The increase reflects improved adherence to tax regulations and consistent domestic transactions.