It was 65% higher than Rs 62,009 crore in the year earlier, when the lockdown was in place. May revenue exceeded Rs 1 lakh crore for the eighth month in a row. Some experts said the numbers were higher than expected and pointed to the economy getting back on track.
The collections have been 65% higher than the GST revenues in the same month, despite many states being under lockdown due to the Covid pandemic, the finance ministry said Saturday.