GST collections above Rs 2 trillion for second straight month, at Rs 2.01 lakh cr in May
GST
Dated:- 1-6-2025
PTI
New Delhi, Jun 1 (PTI) Gross GST collections remained above the Rs 2 trillion mark for the second month in a row, rising 16.4 per cent in May to over Rs 2.01 lakh crore.
Goods and Services Tax (GST) collection had touched a record high of Rs 2.37 lakh crore in April. In May, 2024, the mop up was Rs 1,72,739 crore.
In May, 2025, gross revenues from domestic transactions rose 13.7 per cent to about Rs 1.50 lakh crore, while GST revenue from imports grew 25.2 per cent to Rs 51,266 crore. Total gross GST revenues stood at Rs 2,01,050 crore in May, 2025.
Gross Central GST revenues stood at Rs 35,434 crore, State GST
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adhya Pradesh, Haryana, Punjab and Rajasthan have shown median increases of 10 per cent.
“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,” Mani said.
Price Waterhouse & Co LLP Partner Pratik Jain said 16 per cent growth in GST collections in the month shows a renewed upward momentum after a few months of growth in the range of 11 to 12 per cent.
“If the growth continues in this range for the next couple of months, it might provide the cushion for the government to look at rate rationalization on which a lot of work has already been done,” Jain said.
EY India Tax Partner Saurabh Agarwal said lo
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