Gross GST collections rise 16.4% to ₹2.01 lakh crore in May 2025
Gross GST collections for May 2025 stood at ₹2,01,050 crore, up 16.4% from ₹1,72,739 crore in May 2024, according to data released on 1 June 2025.
Summary
Gross Goods and Services Tax (GST) collections for May 2025 stood at ₹2,01,050 crore (about ₹2.01 lakh crore), up 16.4% from ₹1,72,739 crore in May 2024, according to data released on Sunday, 1 June 2025. Gross revenue from domestic transactions rose 13.7% to ₹1,49,785 crore, while GST from imports grew 25.2% to ₹51,266 crore. After refunds of ₹27,210 crore, net GST revenue was ₹1,73,841 crore, up 20.4%. Of the gross collection, IGST accounted for ₹1,08,836 crore, SGST ₹43,902 crore, CGST ₹35,434 crore and cess ₹12,879 crore. Collections had reached an all-time high of ₹2.37 lakh crore in April 2025, and cumulative gross collections for April–May 2025 were ₹4,37,767 crore, up 14.3%.
Key facts
- Released
- 1 Jun 2025
- Gross GST, May 2025
- ₹2,01,050 crore (+16.4%)
- May 2024
- ₹1,72,739 crore
- Domestic / imports
- ₹1,49,785 crore (+13.7%) / ₹51,266 crore (+25.2%)
- Net GST
- ₹1,73,841 crore (+20.4%) after ₹27,210 crore refunds
- Components
- IGST ₹1,08,836 cr; SGST ₹43,902 cr; CGST ₹35,434 cr; cess ₹12,879 cr
- April 2025 record
- ₹2.37 lakh crore
Practice MCQs 4 questions
What were India's gross GST collections for May 2025, according to data released on 1 June 2025?
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Correct answer: B — ₹2.01 lakh crore
Gross GST collections for May 2025 stood at ₹2,01,050 crore, or about ₹2.01 lakh crore.
By what percentage did gross GST collections in May 2025 grow over May 2024?
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Correct answer: D — 16.4%
Gross GST collections rose 16.4% year-on-year in May 2025, to ₹2,01,050 crore.
Consider the following statements about GST collections for May 2025: 1. GST revenue from imports grew faster than revenue from domestic transactions. 2. Collections in April 2025 had touched an all-time high of ₹2.37 lakh crore. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both statements are correct. Import GST grew 25.2% against 13.7% for domestic transactions, and collections in April 2025 had reached an all-time high of ₹2.37 lakh crore.
Which component accounted for the largest share of gross GST collections in May 2025?
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Correct answer: A — IGST
IGST, at ₹1,08,836 crore, was the largest component of the ₹2,01,050 crore gross GST collected in May 2025, making it the largest single component.