New Delhi: GST collections grew 6.67 per cent to touch Rs 1 lakh crore in May, as compared to Rs 94,016 crore in the year-ago period, the government said Saturday. The gross Goods and Services Tax collections in May at Rs 1,00,289 crore is, however, lower than Rs 1,13,865 crore collected in April, which was the highest ever collection since roll out of the GST from July 1, 2017.
This is the third consecutive month in which GST collections have crossed Rs 1 lakh crore mark. In March mop up was Rs 1.06 lakh crore. As many as 72.45 lakh summary sales return or GSTR-3B were filed in May, higher than 72.13 lakh filed in April. See P5