Gross Goods and Services Tax (GST) collections rose 16.4% to over ₹2.01 lakh crore in May, 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 May, 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 May, 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 May, 2024, the mop-up was ₹1,72,739 crore.
Meanwhile, complete refunds throughout 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 progress.
Deloitte India Partner M S Mani mentioned the vast variations in the expansion of GST collections throughout states require an intensive evaluation throughout the sectors which are necessary in every state.
While massive states like Maharashtra, West Bengal, Karnataka and Tamil Nadu have reported assortment will increase of 17% to 25%, comparable massive states like Gujarat, Andhra Pradesh and Telangana have proven will increase of up to 6%.
Some states like Madhya Pradesh, Haryana, Punjab and Rajasthan, have proven median will increase of 10%.
“Hence, the average growth across the country does not appear to be uniformly reflected across States, possibly due to sectoral or seasonal factors which require a deeper data based analysis,” Mr. Mani mentioned.
Published – June 01, 2025 03:42 pm IST
