Current Affairs   »   GST collections at Rs 1.03 lakh...

GST collections at Rs 1.03 lakh crore for May

GST collections at Rs 1.03 lakh crore for May_50.1

The goods and service tax collections for May clocked Rs 1,02,709 crore, making it the eighth straight month of collections crossing the Rs 1 lakh crore mark. The collections have been 65% higher than the GST revenues in the same month, despite many states being under lockdown due to the Covid pandemic.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The May GST collections were also a 27.6 per cent drop from a record sum of Rs 1.41 lakh crore in April, which was the highest monthly collection since the introduction of the nationwide tax.

List of GST Collection previous months:

  • April 2021: ₹1.41 lakh crore(All-time Highest)
  • March 2021: Rs. 1.24lacs cr.
  • Feb 2021: Rs 1,13,143 crore
  • January 2021: ₹ 1,19,847 crore

Find More News on Economy Here

GST collections at Rs 1.03 lakh crore for May_60.1

GST collections at Rs 1.03 lakh crore for May_70.1

Thank You, Your details have been submitted we will get back to you.

TOPICS:

Leave a comment

Your email address will not be published. Required fields are marked *