Goods and Services Tax (GST) collections in May rose to Rs 1 lakh crore from Rs 94,016 crore in the year-ago period, the union finance ministry said on Saturday.
The gross collection in May at Rs 1,00,289 crore is, however, lower than Rs 1,13,865 crore collected in April. A total of 72.45 lakh GSTR-3B returns were filed in the month of May, higher than 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, SGST is Rs 24,462 crore, IGST is Rs 49,891 crore and cess is Rs 8,125 crore," the finance ministry said in a statement.
An amount of Rs 18,934 crore has been released to the states as GST compensation for the months of February-March, 2019.
(With inputs from PTI)
First Published:Jun 1, 2019 4:41 PM IST