Over 1 lakh crore GST revenue collection in May 2019


Gross revenue on account of Goods and Services Tax (GST) in May 2019 totalled Rs. 100,289 crore, up by 6.67 per cent from Rs 94,016 crore in the corresponding period last, the government stated on Saturday.

The revenue in May 2019 is 2.21 per cent higher than the monthly average of GST revenue in fiscal 2018-19, which is Rs 98,114 crore.

The total number of GSTR 3B returns filed for April up to May 31 is 72.45 lakh, according to an official statement.

An amount of Rs 18,934 crore has been released to the states as GST compensation for February and March.