EconomySunday, 31 May 2026·The Hindu
GST collections rise 3.2% in May 2026; gross mop-up crosses ₹1.94 lakh crore
India’s gross GST collections rose 3.2% in May 2026 to over ₹1.94 lakh crore, with strong domestic supplies and higher import-linked IGST.
Key highlights
Direct fact
In May 2026, India’s gross GST collections rose 3.2% to over ₹1.94 lakh crore, according to government data released on June 1, 2026, while the April 2026 mop-up had touched an all-time high of ₹2.43 lakh crore.
Key specifics
- Gross GST collection in May 2026 stood at ₹1.94 lakh crore, up from ₹1.88 lakh crore in May 2025.
- CGST from domestic transactions was ₹37,397 crore, SGST was ₹45,143 crore, and IGST was ₹51,990 crore.
- IGST collection from imports rose 19.1% to ₹59,654 crore in May 2026.
- GST refunds increased 2.6% to ₹27,281 crore, and net GST revenue rose 3.3% to about ₹1.67 lakh crore.
- Taxable supplies of goods grew 26.9% and services grew 22.2% during the reported period.
Exam lens
Economy and taxation MCQ focus: GST collections, CGST/SGST/IGST split, refunds, net revenue, and import-linked IGST. TNPSC may ask which component rose to ₹59,654 crore or which month recorded the all-time high of ₹2.43 lakh crore.