GST Collection of May crosses Rs.1 lakh crore
Goods and Services Tax ( GST) collections of May 2019 crosses the amount of Rs.1 lakh crore and reached the amount of Rs.1,00,289 crore. This is higher than the GST collection during May 2018 but lower than April 2019. In May 2018, Rs.94,106 crore was collected while in April 2019 Rs.1,13,865 lakh. A tptal of 72.45 lakh GSTR-3B returns were filed in the month of May, higher than the 72.13 lakh in April.
"The total gross GST revenue collected in the month of May 2019 is Rs. 1,00,289 crore of which CGST is Rs.17,811 crore, CGST is Rs.24,462 crore, IGST is Rs.49,891 crore and Cess is Rs.8,125 crore " Finance Ministry said".