GST collections rise 3.2% to Rs 1.94 lakh crore in May; import revenue jumps 19%

GST collections hit Rs 1.94 lakh crore in May, up 3.2%, thanks to a big jump in import revenue. The government said "import revenue jumps 19%," showing strong buying from abroad. This rise helped offset a slight dip in local sales, keeping overall tax money steady.