The gross Goods and Services Tax (GST) collections in May rose 3.2 per cent year-on-year to around Rs 2 lakh crore, despite geopolitical tensions in West Asia, according to government data released on Monday, reported the IANS.

As per the government data, gross GST revenue stood at Rs 1,94,184 crore in May, compared to Rs 1,88,172 crore in the same month last year. Meanwhile, net GST collections reached Rs 1,66,904 crore, a growth of 3.3 per cent over the corresponding period last year.