GST collection grows at slower pace of 4.6 pc in October at Rs 1.96 lakh cr after tax cuts
Public Lokpal
November 01, 2025
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GST collection grows at slower pace of 4.6 pc in October at Rs 1.96 lakh cr after tax cuts
NEW DELHI: Festive buying spree unleashed by lower tax rates pushed gross GST collection to about Rs 1.96 lakh crore in October, registering a 4.6 per cent year-on-year growth -- the slowest rate so far this fiscal.
The slowest pace of revenue growth in October comes after Goods and Services Tax (GST) rates on 375 items, from kitchen staples to electronics and automobiles, were slashed with effect from September 22 -- the first day of Navratri.
According to the government data released on Saturday, gross GST mop-up in October was about Rs 1.96 lakh crore, a 4.6 per cent higher over Rs 1.87 lakh crore collections in October 2024.
PTI
