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India's gross GST collections moderate to Rs 1.94 lakh crore in May

  • Posted on June 1, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
India's gross GST collections moderate to Rs 1.94 lakh crore in May
India's gross GST collections moderate to Rs 1.94 lakh crore in May

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. Import-linked revenues significantly boosted overall collections, while domestic revenue experienced a decline. For the initial two months of FY27, GST revenue showed a positive growth trend.
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Business News Today

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