The Goods and Services Tax (GST) revenue in May rose 3.2% year-on-year to ₹1.94 lakh crore from ₹1.88 lakh crore in the same month last year.
Excluding a one-time telecom-related payment of approximately ₹10,000 crore, gross GST collections in May would have registered a growth of about 9%.
While overall GST collections increased, gross domestic GST revenue contracted 2.6% to ₹1,34,530 crore in May from ₹1,38,102 crore a year earlier.
Net GST collection in May stood at ₹1,66,904 crore, up 3.3% from ₹1,61,585 crore in the same month last year.
Experts say the growth indicates sustained economic activity and a resilient private investment cycle.
