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GST collections climb 22.9% to Rs 2.31 lakh crore in October

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India's Goods and Services Tax revenue reached Rs 2.31 lakh crore in October, marking a 22.9% rise over the previous year. The increase was driven mainly by a 42.2% jump in imports. Domestic transactions also remained steady and contributed to the total. Several major states added to the collections during the month. The figures point to stronger economic activity and better compliance with tax rules nationwide.

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