New Delhi, June 1 -- India's Goods and Services Tax (GST) collections rose to Rs 1.94 lakh crore in May 2026, registering a 3.2 per cent increase over the same month last year, driven largely by strong growth in import-related revenues.
Gross GST revenue stood at Rs 1,94,184 crore during the month, compared with Rs 1,88,172 crore in May 2025. Collections from imports surged 19.1 per cent to Rs 59,654 crore, reflecting robust trade activity.
Net GST revenue, after refunds, increased 3.3 per cent to Rs 1,66,904 crore. Total refunds issued during the month stood at Rs 27,281 crore, up 2.6 per cent from a year ago.
The government said the growth figures were affected by a one-time payment of around Rs 10,000 crore made by a telecom operator ...