May GST collections up only 3% YoY at Rs 1.94 lakh crore, revenue from imports jumps 19% - The Indian Express

The central government collected Rs 1.94 lakh crore as Goods and Services Tax (GST) in May, 3.2% more than it did in the same month last year, the Ministry of Finance said on Monday, adding that the year-ago indirect tax number was boosted by a one-time payment of Rs 10,000 crore by a telecom operator for spectrum allocation. “Adjusted for this one-time payment, Gross GST Revenue grew 9% in M…