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 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.