GST collections jump 16.4% to Rs 2.01 lk cr in May
- Posted on June 1, 2025
- By Business News Today
- 3 Views
GST collections jump 16.4% to Rs 2.01 lk cr in May
India's Goods and Services Tax collection reached Rs 2.01 lakh crore in May 2025. The Ministry of Finance data shows a 16.4 per cent increase from May 2024. GST from imports rose by 25.2 per cent. Domestic transactions saw a 13.7 per cent increase. After refunds, net GST revenue for May was Rs 1,73,841 crore.
