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Gross GST collections rose 16.4 per cent to over Rs 2.01 lakh crore in May. This comes after a record high Goods and Services Tax (GST) collection in April, when the revenues touched an all-time high of Rs 2.37 lakh crore.In May, gross revenues from domestic transactions rose 13.7 per cent to about Rs 1.50 lakh crore, while GST revenue from imports grew 25.2 per cent to Rs 51,266 crore. While large States like Maharashtra, West Bengal, Karnataka and Tamil Nadu have reported collection increases of 17 per cent to
25 per cent, other large states like Gujarat, Andhra Pradesh and Telangana have shown increases of up to 6 per cent.
Anchor: FRANK RAUSAN PEREIRA
GUESTS: Bipin Sapra, Partner, EY India
: M. S. Mani, Partner, Deloitte India
: Ankit Goel, CA & Founder Partner, AAAG & Co.
: Vivek Ranjan, Member, Tax Policy, CBIC
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