Government of India (GoI) records gross Goods and Services Tax (GST) collections at ₹1.94 lakh crore for May 2026

Key facts

• India's gross GST collections reached ₹1.94 lakh crore in May 2026, representing a 3.2% year-on-year growth from ₹1.88 lakh crore.
• Net GST revenue for the month rose 3.3% to ₹1.67 lakh crore, while total refunds increased 2.6% to ₹27,281 crore.
• Gross GST revenue from imports grew 19.1% to ₹59,654 crore, whereas gross domestic revenue saw a 2.6% decline to ₹1.35 lakh crore.
• Cumulative gross GST collections for the first two months of Financial Year 2026-27 (FY27) rose 6.2% to ₹4.37 lakh crore, while net revenue increased 5.5% to ₹3.78 lakh crore.
• Pre-settlement State Goods and Services Tax (SGST) growth was recorded in Kerala (19%), Karnataka (11%), Andhra Pradesh (11%), Uttar Pradesh (9%), Maharashtra (8%), and Gujarat (3%), while Tamil Nadu and Rajasthan reported modest contractions.
• After Integrated Goods and Services Tax (IGST) settlement, SGST revenue grew in Haryana (22%), Karnataka (17%), Gujarat (16%), Andhra Pradesh (16%), Kerala (15%), and Telangana (14%), while Delhi recorded a 26% decline.