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As per the Ministry of Finance, what was the Goods and Services Tax (GST) collection for the month of May 2022?

1. ₹1.31 lakh crore
2. ₹1.41 lakh crore
3. ₹1.51 lakh crore
4. ₹1.61 lakh crore

Correct answer: ₹1.41 lakh crore

Solution

The Ministry of Finance reported GST collections of ₹1.41 lakh crore for May 2022. This was a record-high collection at that time.

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