India’s gross Goods and Services Tax (GST) collections increased by 3.2 per cent year-on-year to more than ₹1.94 lakh crore in May 2026, reflecting strong domestic demand, improved supplies of goods and services, and continued growth in tax collections from imports.
According to official figures, gross GST collections stood at over ₹1.94 lakh crore in May 2026, compared to ₹1.88 lakh crore collected during the same month last year.
The latest numbers highlight the resilience of India’s economy despite global uncertainties and evolving market conditions.

The gross Central GST (CGST) collection from domestic transactions stood at ₹37,397 crore during May 2026.
State GST (SGST) collections reached ₹45,143 crore, while Integrated GST (IGST) collections amounted to ₹51,990 crore.
The steady rise in collections demonstrates healthy economic activity across sectors and continued improvements in tax compliance across the country.

Taxable supplies of goods registered a strong growth of 26.9 per cent during the reporting period, reflecting robust domestic demand and increased economic activity.
Meanwhile, taxable supplies in the services sector grew by 22.2 per cent, indicating sustained momentum in consumption and business operations.
Economic experts view these figures as a sign of structural resilience in India’s domestic economy, driven by rising consumer spending and expanding business transactions.

GST refunds grew by 2.6 per cent during May 2026 to ₹27,281 crore.
The increase in refunds reflects efficient processing mechanisms and continued support for businesses and exporters operating within the GST framework.

GST collections are widely considered one of the most important indicators of economic activity.
Higher collections typically indicate stronger consumption, increased production, and improved compliance within the tax system.
The latest figures suggest that India’s domestic economy continues to maintain growth momentum, supported by healthy demand for goods and services.
Rising imports have also contributed to higher tax collections, further strengthening government revenues.

The continued growth in GST collections is expected to support government expenditure on infrastructure, welfare schemes, and development projects.
Strong tax revenues also provide policymakers with greater fiscal flexibility while reinforcing confidence in India’s economic growth trajectory.
As domestic demand remains resilient and compliance levels continue to improve, GST collections are likely to remain a key barometer of India’s economic performance in the coming months.

GST collections rise 3.2% to over ₹1.94 lakh crore in May 2026