GST collection crosses ₹1 lakh crore mark for first time since February, totals ₹1.05 lakh crore in October

GST collections in October stood at over  ₹1.05 lakh crore, crossing for the first time  ₹1 lakh crore mark since February this year, the finance ministry said on Sunday. The  Goods and Services Tax (GST)  collections fell from the psychologically important  ₹1 lakh crore mark as the lockdown imposed to contain the COVID-19 spread dented economic activity. T…