EconomyFriday, 5 June 2026·The Hindu - Economy
GST collections rise 3.2% in May 2026; gross mop-up crosses ₹1.94 lakh crore
India’s gross GST collections rose to over ₹1.94 lakh crore in May 2026, with higher domestic supplies and import-linked IGST collections.
Key highlights
Direct fact
In May 2026, India’s gross GST collections rose 3.2% year-on-year to over ₹1.94 lakh crore, while the government data released on June 1, 2026 showed net GST revenue at about ₹1.67 lakh crore after refunds.
Key specifics
- Gross GST collection in May 2026: over ₹1.94 lakh crore, compared with ₹1.88 lakh crore in May 2025.
- CGST from domestic transactions: ₹37,397 crore; SGST: ₹45,143 crore; IGST: ₹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, affecting net revenue.
- April 2026 GST mop-up touched an all-time high of ₹2.43 lakh crore.
Exam lens
Question type: Economy data match-the-following, GST collections, refunds, CGST/SGST/IGST figures, and April 2026 record mop-up are the key facts; TNPSC may ask which component rose fastest or what the net revenue was after refunds.