GST collections grow 3.2% in May to Rs 1.94 lakh cr PSU Watch
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GST collections grow 3.2% in May to Rs 1.94 lakh cr

India’s gross GST collections increased 3.2% year-on-year to ₹1.94 lakh crore in May 2026

PSU Watch Bureau

New Delhi: Gross GST collections rose 3.2 percent to over Rs 1.94 lakh crore in May on improved supplies of goods and services, and continued expansion of collection from imports, government data showed on Monday.

Gross GST collection stood at Rs 1.88 lakh crore in May, 2025.

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Gross Central GST (CGST) collection from domestic transactions during the reported month stood at Rs 37,397 crore, State GST (SGST) at Rs 45,143 crore and Integrated GST (IGST) at Rs 51,990 crore.

Taxable supplies of goods grew 26.9 percent during the reported period, reflecting domestic demand, while the same for the services sector grew 22.2 percent, demonstrating structural resilience in domestic consumption.

IGST collection from imports rose 19.1 percent during May to Rs 59,654 crore, signalling expansion in industrial capacity.

Goods and Services Tax (GST) refunds grew 2.6 percent to Rs 27,281 crore.

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After adjusting refunds, net GST revenues in May rose 3.3 percent to about Rs 1.67 lakh crore.

GST mop-up in April reached an all-time high of Rs 2.43 lakh crore.

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