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Economy

GST collections for October likely to be around Rs 97,000 crore

Updated : November 30, 2018 06:40 AM IST

The sources said that about 67 lakh businesses filed their returns in October, taking the total collection to Rs 97,000 crore.
According to the sources, the reason for a correction in the numbers is a combination of two major factors- cooling-off of festival sales and strengthening of rupee and declining oil prices.
GST collections for October likely to be around Rs 97,000 crore
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