India's Goods and Services Tax (GST) revenue for May 2026 reached Rs 1.94 lakh crore, marking a 3.2% increase year-on-year. This growth is considered steady, although it appears lower due to a one-time Rs 10,000 crore payment from a telecom operator in May 2025. When adjusted for this exceptional item, the actual growth in gross GST collections is closer to 9%. Import GST revenue significantly boosted collections, rising by 19.1%.
India's Goods and Services Tax (GST) collections continued to remain robust in May 2026, with gross GST revenue touchingRs 1,94,184 crore, reflecting a 3.2% year-on-year increase compared to Rs 1,88,172 crore collected in May 2025. The latest figures released by the government indicate steady econom
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Gross GST revenue in May 2026 reached Rs 1,94,184 crore.
GST collections saw a 3.2% year-on-year increase in May 2026.
The reported growth rate was influenced by a one-time Rs 10,000 crore payment from a telecom operator for spectrum allocation in May 2025.
GST revenue from imports showed significant growth, increasing by 19.1% in May 2026.
Net GST revenue after refunds stood at Rs 1,66,904 crore in May 2026.
For April-May 2026, total gross GST collections reached Rs 4,36,887 crore, a 6.2% growth from the previous year.