NEW DELHI: The Goods and Services Tax (GST) revenue collected in the month of May 2023 was to the tune of Rs 1,57,090 crore, official data showed Thursday. The GST revenues for the month of May 2023 are 12 per cent higher than in the same month last year.
During the month, revenue from import of goods was 12 per cent higher and revenues from domestic transactions (including import of services) are 11 per cent higher than the revenues from these sources during the same month last year.
Of the total, Central GST was Rs 28,411 crore, State GST was Rs 35,828 crore, Integrated GST Rs 81,363 crore and cess Rs 11,489 crore.
In April, the gross GST collection was at an all-time high of Rs 1,87,035 crore, Rs 19,495 crore more than the previous highest collection of Rs 1,67,540 crore in April 2022. (ANI)