EconomyThursday, 11 June 2026·The Hindu - Economy
GST collections rise 3.2% in May 2026 to over ₹1.94 lakh crore
Gross GST collections rose 3.2% in May 2026 to over ₹1.94 lakh crore, with strong domestic supplies and import-linked IGST growth.
Key highlights
Direct fact
On June 1, 2026, government data showed that gross GST collections in May 2026 rose 3.2% to over ₹1.94 lakh crore, supported by stronger supplies of goods and services and higher collections from imports.
Key specifics
- Gross GST collection in May 2026: over ₹1.94 lakh crore, up from ₹1.88 lakh crore in May 2025.
- Domestic CGST was ₹37,397 crore, SGST was ₹45,143 crore and IGST was ₹51,990 crore in the reported month.
- Taxable supplies of goods grew 26.9%, while services grew 22.2% during May 2026.
- IGST collection from imports rose 19.1% to ₹59,654 crore, indicating industrial capacity expansion.
- After refunds of ₹27,281 crore, net GST revenue in May 2026 stood at about ₹1.67 lakh crore.
Exam lens
Question type: Tax revenue and indirect taxation. Key facts: GST, ₹1.94 lakh crore, CGST ₹37,397 crore, SGST ₹45,143 crore, IGST ₹59,654 crore. TNPSC may ask the latest GST mop-up, the components of GST, or the import-linked IGST figure.