GST collection high a result of maturing system

The goods and services tax collection crossing ₹2 lakh crore in May came in as a surprise. It’s only the third time the gross monthly GST revenues have crossed the mark, that too at a time of immense economic uncertainty. The May high flows from transactions carried out in April, the month when Donald Trump triggered a major upheaval in global trade with his wavering ‘reciprocal’ tariff announceme…