GST Growth Moderates In May Amid Robust Underlying Economic Activity - NDTV Profit

GST collections in May largely reflect transactions undertaken in April India's GST revenue growth moderated in May, with both gross and net collections expanding at a slower pace than in recent months. Gross GST collections stood at Rs 1.94 lakh crore in May 2026, while net collections after refunds came in at Rs 1.67 lakh crore, registering year-on-year growth of 3.2%. The moderation follows Apr…