Gross GST collections rise 16.4% to over ₹2.01 lakh crore in Might

The picture is used for representational functions solely.
| Picture Credit score: Getty Photos/iStockphoto

Gross Items and Providers Tax (GST) collections rose 16.4% to over ₹2.01 lakh crore in Might, as per authorities information launched on Sunday (June 1, 2025).

This comes after a file excessive GST assortment in April, when the revenues touched an all-time excessive of ₹2.37 lakh crore.

In Might, gross revenues from home transactions rose 13.7% to about ₹1.50 lakh crore, whereas GST income from imports grew 25.2% to ₹51,266 crore.

In Might, the gross central GST revenues stood at ₹35,434 crore, State GST revenues at ₹43,902 crore and built-in GST at about ₹1.09 lakh crore. Revenues from Cess had been at ₹12,879 crore.

In Might, 2024, the mop-up was ₹1,72,739 crore.

In the meantime, complete refunds throughout the month fell 4% to ₹27,210 crore. Internet GST mop-up stood at about ₹1.74 lakh crore, a 20.4% year-on-year development.

Deloitte India Associate M S Mani mentioned the extensive variations within the development of GST collections throughout states require an intensive evaluation throughout the sectors which are essential in every state.

Whereas giant states like Maharashtra, West Bengal, Karnataka and Tamil Nadu have reported assortment will increase of 17% to 25%, related giant states like Gujarat, Andhra Pradesh and Telangana have proven will increase of as much as 6%.

Some states like Madhya Pradesh, Haryana, Punjab and Rajasthan, have proven median will increase of 10%.

“Therefore, the common development throughout the nation doesn’t look like uniformly mirrored throughout States, presumably as a result of sectoral or seasonal components which require a deeper information primarily based evaluation,” Mr. Mani mentioned.