India’s Goods and Services Tax (GST) collections for May 2025 reached ₹2.01 lakh crore, marking a 16.4% year-on-year increase from ₹1.72 lakh crore in May 2024. This is the second consecutive month that GST collections have surpassed the ₹2 lakh crore mark, following a record high of ₹2.37 lakh crore in April 2025 .
The growth in May was primarily driven by a 25% rise in revenue from imports, indicating strong demand for imported goods. Additionally, the increase in GST collections reflects robust economic activity and improved tax compliance .
Read more..State-wise data shows that Telangana and Andhra Pradesh have been significant contributors to this growth, with both states recording substantial increases in GST collections .
Overall, the consistent rise in GST collections suggests a positive economic outlook for India, with strong domestic demand and effective tax administration contributing to fiscal stability.