Amid curbs, GST collection in May drops to Rs 1.02 trn vs Rs 1.4 trn in Apr

However, when compared with the same month last year, the revenues collected in May are 65 per cent higher

Goods and Services Tax (GST) collections for the month of May stood at Rs 1.02 trillion, according to the government data released on Saturday. 

The revenue collections were down from Rs 1.41 trillion in the month of April, a record high. However, when compared with the last year period, the revenues are 65 per cent higher. 

This would be eighth month in a row that GST collections have crossed Rs 1 trillion mark. "This is despite the fact that most of the States have been under strict lockdown due to the pandemic," said the ministry of finance.

Of the total collections, CGST is