India’s GST collections continued to show strong momentum in May 2026. According to data released by GSTN, the total gross GST revenue collected during May 2026 stood at ₹1,94,184 crore, reflecting a 3.2% year-on-year growth compared to May 2025. The net GST revenue after refunds reached ₹1,66,904 crore, registering a growth of 3.3%.
Highlights of GST Collection in May 2026
Gross GST Revenue
| Particulars | May 2025 | May 2026 | Growth |
|---|---|---|---|
| Gross GST Revenue | ₹1,88,172 Cr | ₹1,94,184 Cr | 3.2% |
| Net GST Revenue | ₹1,61,585 Cr | ₹1,66,904 Cr | 3.3% |
| Total Refunds | ₹26,587 Cr | ₹27,281 Cr | 2.6% |
The growth was mainly supported by increased import GST collections and steady domestic tax compliance.
Import GST Collections Show Strong Growth
Import GST revenue recorded a significant increase:
- Gross Import Revenue: ₹59,654 crore
- Growth: 19.1%
- Net Customs GST Revenue: ₹49,403 crore
- Growth: 19.7%
This indicates robust import activity and higher tax realization from international trade.
GST Refunds in May 2026
The government issued GST refunds worth ₹27,281 crore during May 2026, an increase of 2.6% over the previous year. Domestic refunds declined slightly, while export-related refunds increased.
Assam GST Collection Performance
For Assam:
- May 2025 GST Revenue: ₹1,502 crore
- May 2026 GST Revenue: ₹1,305 crore
- Growth Rate: -13%
Assam recorded a decline in GST revenue compared to the same month last year.
Important Note on GST Growth
GSTN clarified that May 2025 collections included a one-time payment of approximately ₹10,000 crore by a telecom operator for spectrum allocation. After adjusting for this exceptional receipt:
- Gross GST Revenue growth for May 2026 was approximately 9%
- Domestic GST growth was approximately 5%
- Net GST Revenue growth was approximately 10.1%
These adjusted figures provide a more accurate picture of GST performance.
What This Means for Taxpayers
The May 2026 GST collection data reflects:
- Improved GST compliance
- Strong import-related tax collections
- Stable economic activity
- Continued strengthening of India’s indirect tax system
Businesses should continue timely GST return filing and reconciliation to ensure smooth compliance and avoid penalties.