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GST collections rise 3.2% to ₹1.94 lakh crore in May; import-led revenues drive growth
India's GST collections hit an impressive ₹1.94 lakh crore in May 2026, showcasing a 3.2% rise primarily driven by robust imports of essential raw materials and electronic components. Interestingly, while import-led revenue climbed higher than domestic transactions, officials praised the prevailing business confidence and a thriving industrial sector.
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economictimes.indiatimes.com
India's gross GST collections ease to Rs 1.94 lakh crore in May from April record as growth slows to 3.2%
India's Goods and Services Tax collections saw a moderation in May 2026, reaching Rs 1.94 lakh crore. This figure represents a 3.2% increase compared to the same month last year.…
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timesofindia.indiatimes.com
Gross GST revenues rise 3.2% to over Rs 1.94 lakh crore in May
Gross Goods and Services Tax (GST) collections rose 3.2% year-on-year to over Rs 1.94 lakh crore in May, reported PTI.
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thehindubusinessline.com
GST collections rise to ₹1.94 lakh crore in May as domestic demand remains strong
India's GST collections rose 3.2% to ₹1.94 lakh crore in May, driven by strong goods and services demand, rising imports and robust economic activity.
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thehindu.com
GST collections grow 3.2% in May to ₹1.94 lakh cr
GST collections increased by 3.2% in May 2026 to ₹1.94 lakh crore, driven by strong domestic demand and import growth.
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newsbytesapp.com
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.
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Monday’s data blitz: GST inflows, manufacturing PMI, and auto sales point to strong domestic demand
Monday's data reveals strong domestic demand with rising GST inflows, improved manufacturing PMI, and significant auto sales growth.
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GST collections rise 3.2% to ₹1.94 lakh crore in May; import-led revenues drive growth
India's GST collections hit an impressive ₹1.94 lakh crore in May 2026, showcasing a 3.2% rise primarily driven by robust imports of essential raw materials and electronic…
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At 3.2%, GST collection growth slowest in 6 months
NEW DELHI: Growth in GST collections slowed to 3.2% in May with the mop-up at Rs 1,94,184 crore on account of fall in revenue from domestic transactions.
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Andhra Pradesh records highest-ever May GST revenue at Rs 4,987 crore
Andhra Pradesh posted a record May GST revenue of Rs 4,987 crore, driven by strong compliance, AI-based monitoring and higher VAT collections.
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hindustantimes.com
May GST collections up 3% to ₹1.94 lakh crore
Excluding the exceptional payment received in May 2025, gross GST collections in May 2026 would have registered a growth of about 9%. | Business News