What was the Revenue collected from Goods and Services Tax (GST) in May 2021?

• A. Rs 2.03 lakh cr
• B. Rs 1.03 lakh cr
• C. Rs 1.50 lakh cr
• D. Rs 3.03 lakh cr

Answer: (B)

The goods and service tax collections for May clocked Rs 1,02,709 crore, making it the eighth straight month of collections crossing the Rs 1 lakh crore mark.