Gross GST collections rise 16.4% to over ₹2.01 lakh crore in May
The Hindu
May 2025 sees GST collections rise to over ₹2.01 lakh crore, with varying growth rates across states.
Gross Goods and Services Tax (GST) collections rose 16.4% to over ₹2.01 lakh crore in May, as per government data released on Sunday (June 1, 2025).
This comes after a record high GST collection in April, when the revenues touched an all-time high of ₹2.37 lakh crore.
In May, gross revenues from domestic transactions rose 13.7% to about ₹1.50 lakh crore, while GST revenue from imports grew 25.2% to ₹51,266 crore.
In May, the gross central GST revenues stood at ₹35,434 crore, State GST revenues at ₹43,902 crore and integrated GST at about ₹1.09 lakh crore. Revenues from Cess were at ₹12,879 crore.
In May, 2024, the mop-up was ₹1,72,739 crore.
Meanwhile, total refunds during the month fell 4% to ₹27,210 crore. Net GST mop-up stood at about ₹1.74 lakh crore, a 20.4% year-on-year growth.
Deloitte India Partner M S Mani said the wide variations in the growth of GST collections across states require a thorough analysis across the sectors that are important in each state.
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