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

The goods and services tax (GST) collections for October, the data of which is recorded in November, are likely to be recorded below the Rs 1 lakh crore mark, sources told CNBC-TV18. 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…