India's Goods and Services Tax collections rose 3.2% year-on-year to Rs 1,94 lakh crore in May 2026, driven by a strong uptick in import revenues even as domestic collections posted a modest decline, government data showed on Monday.
Net GST collections - after accounting for refunds - came in at Rs 1,66 lakh crore, also up 3.3% from Rs 1,61 lakh crore in May 2025. Total refunds for the month stood at Rs 27,281 crore, up 2.6% from Rs 26,587 crore a year ago.
Integrated GST came in at Rs 1,11,644 crore, Central GST at Rs 37,397 crore, and State GST at Rs 45,143 crore.
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On the domestic front, gross GST revenues from domestic transactions declined 2.6% to Rs 1,34,530 crore. However, GST collections from imports rose sharply by 19.1% to Rs 59,654 crore, providing the overall upside for the month.
The headline growth figure, however, needs to be read in context. May 2025 collections included a one-time payment of approximately Rs 10,000 crore made by a telecom operator toward spectrum allocation. Adjusted for this base effect, gross GST revenue grew 9% in May 2026, with domestic gross GST up 5%
Adjusted net GST revenue growth stood at 10.1%, which the government says is the appropriate measure to assess underlying GST performance for the month.
On a cumulative basis for the April–May period of FY2026-27, gross GST collections stood at Rs 4.36 lakh crore crore, up 6.2% from Rs 4.11 lakh crore in the same period last year.
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