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<h1>GST Revenue in May 2018 Hits Rs. 94,016 Crore, Exceeds Last Year's Monthly Average Despite Year-End Dip.</h1> In May 2018, the total gross GST revenue collected amounted to Rs. 94,016 crore, surpassing the previous financial year's monthly average of Rs. 89,885 crore. This included Rs. 15,866 crore from CGST, Rs. 21,691 crore from SGST, Rs. 49,120 crore from IGST (Rs. 24,447 crore from imports), and Rs. 7,339 crore from Cess (Rs. 854 crore from imports). The Central and State Governments earned Rs. 28,797 crore and Rs. 34,020 crore, respectively, after settlement. Although revenue was lower than the previous month due to year-end effects, Rs. 6,696 crore was released to states as GST compensation for March 2018, totaling Rs. 47,844 crore for FY 2017-18.