GST collections grow 3.2% in May to ₹1.94 lakh cr

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Gross GST collections rose 3.2% to over ₹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 (June 1, 2026).Gross GST collection stood at ₹1.88 lakh crore in May, 2025.Gross Central GST (CGST) collection from domestic transactions during the reported month stood at ₹37,397 crore, State GST (SGST) at ₹45,143 crore and Integrated GST (IGST) at ₹51,990 crore.Taxable supplies of goods grew 26.9% during the reported period, reflecting domestic demand, while the same for the services sector grew 22.2%, demonstrating structural resilience in domestic consumption.IGST collection from imports rose 19.1% during May to ₹59,654 crore, signalling expansion in industrial capacity.Goods and Services Tax (GST) refunds grew 2.6% to ₹27,281 crore.After adjusting refunds, net GST revenues in May rose 3.3% to about ₹1.67 lakh crore.GST mop-up in April reached an all-time high of ₹2.43 lakh crore. Published - June 01, 2026 12:23 pm IST