India, June 1 -- India's gross Goods and Services Tax (GST) collections moderated to Rs 1.94 lakh crore in May 2026, reflecting a slowdown in growth compared to the previous month, according to official data.

Despite the moderation, GST revenues remained close to the Rs 2 lakh crore mark, indicating continued strength in economic activity and tax compliance across sectors. The collections, however, were lower than the record-high figures reported in April, which had been boosted by year-end business transactions and tax settlements.

Experts said the softer numbers were largely expected due to the high base effect and seasonal adjustments following the financial year-end surge. They noted that domestic consumption, manufacturing activity...