According to the Union finance ministry, the GST collection for May stood at ₹259 crore, ₹92 crore more than the ₹167 crore collected in May 2022
The gross goods and services tax (GST) collection for May saw a record increase of 55% as compared to the gross tax collected during the corresponding period last year.
According to the Union finance ministry, the collection for May stood at ₹259 crore, ₹92 crore more than the ₹167 crore collected in May 2022.
The city had collected just ₹130 crore in May 2021.
The GST collection for April had recorded a marginal increase of 2%, as against the gross collection in April last year. The collection stood at ₹255 crore, ₹6 crore more than the ₹249 crore collected in April 2022.
The city had recorded a jump of 10.09% in the GST collection in March. The revenue collection was ₹202 crore, ₹18 crore more than the ₹184 crore collected in March 2022.