GST collections up 3.2% YoY to ₹1.94L crore in May

India's GST collections grew 3.2% year-on-year in May to ₹1.94 lakh crore, driven by robust import tax revenues and widespread economic activity expansion.

lunedì 1 giugno 2026 New tab

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Collections fell from April's record of ₹2.42 lakh crore

Jun 01, 2026

03:13 pm

What's the storyIndia's Goods and Services Tax (GST) collections rose by 3.2% year-on-year to ₹1.94 lakh crore in May 2026, official data released today has showed.

The increase is largely due to higher import-related revenues and a broad-based growth in economic activity.

GST collections up 3.2% YoY to ₹1.94L crore in May — Warptech Lab News