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<h1>GST receipts rise to ?1.96 lakh crore in October, slowest FY-to-date growth at 4.6% after 375-item rate cuts</h1> Gross GST receipts rose to about Rs 1.96 lakh crore in October, up 4.6% year-on-year-the slowest fiscal-to-date-after rate cuts on 375 items took effect in late September. Domestic GST grew 2% while import-related tax increased ~13%; net GST after refunds was Rs 1.69 lakh crore, a 0.2% YoY rise. Refunds jumped nearly 40%, and analysts from tax and consulting firms attributed muted growth to rate rationalisation and deferred festive purchases, expecting stronger collections ahead as consumption and industrial demand recover and compliance and credit flows improve.