Key Highlights Imports Continue to Drive Growth The latest GST data showed that growth in collections was largely supported by imports. Gross GST revenue from imports surged 19.1% year-on-year to ₹59,654 crore, while gross domestic revenue declined 2.6% to ₹1.35 lakh crore. On a net basis, customs GST collections increased...
Key Highlights GST Collections Maintain Strong Momentum in May 2026 India’s GST collections remained robust in May 2026, reflecting strong domestic consumption, resilient services activity, and continued industrial expansion. Gross GST collections stood at ₹1,94,184 crore, while net collections after refunds reached ₹1,66,904 crore. The government noted that May 2025...
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