Gross GST collections remained above the Rs 2 trillion mark for the second month in a row, rising 16.4% in Might to over Rs 2.01 lakh crore.
Items and Providers Tax (GST) assortment had touched a file excessive of Rs 2.37 lakh crore in April. In Might, 2024, the mop up was Rs 1,72,739 crore.
In Might, 2025, gross revenues from home transactions rose 13.7% to about Rs 1.50 lakh crore, whereas GST income from imports grew 25.2% to Rs 51,266 crore. Whole gross GST revenues stood at Rs 2,01,050 crore in Might, 2025.
Gross Central GST revenues stood at Rs 35,434 crore, State GST revenues at Rs 43,902 crore and Built-in GST at about Rs 1.09 lakh crore. Revenues from Cess was at Rs 12,879 crore.
Whole refunds issued throughout the month dipped 4% to Rs 27,210 crore.
Web GST mop-up in Might stood at about Rs 1.74 lakh crore, a 20.4% year-on-year progress.
Deloitte India Companion M S Mani mentioned the huge variations within the progress of GST collections throughout states require an intensive evaluation throughout the sectors which can be necessary in every state.
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Whereas giant states like Maharashtra, West Bengal, Karnataka and Tamil Nadu have reported assortment will increase of 17% to 25%, comparable 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 progress throughout the nation doesn’t seem like uniformly mirrored throughout states probably because of sectoral or seasonal components which require a deeper information primarily based evaluation,” Mani mentioned.
Worth Waterhouse & Co LLP Companion Pratik Jain mentioned 16% progress in GST collections within the month exhibits a renewed upward momentum after just a few months of progress within the vary of 11 to 12%.
“If the expansion continues on this vary for the following couple of months, it would present the cushion for the federal government to have a look at charge rationalization on which plenty of work has already been accomplished,” Jain mentioned.
EY India Tax Companion Saurabh Agarwal mentioned trying forward, we would see comparable GST assortment numbers with slight will increase in June due to ongoing geopolitical tensions throughout the globe.
Tax Join Advisory Providers LLP Companion Vivek Jalan mentioned with an roughly 10% progress in home GST income and 73% progress in import GST revenues, it is extremely clear that this month’s progress in GST income is import pushed quite than home consumption pushed.
“This coupled with the truth that exports refunds aren’t rising correspondingly, mirror the truth that import progress far exceeds export progress,” Jalan added.
Edited by Jyoti Narayan
