Market timing
India macro › GST collections › May 2024
GST collections, May 2024: ₹1.60 lakh crore
Gross GST collections were ₹1.60 lakh crore (₹1,60,455 crore) in May 2024, up 10.2% on May 2023, the lowest since February 2024. Revenue from domestic transactions rose 16.1% to ₹1.21 lakh crore, and GST on imports fell 4.5% to ₹39,879 crore. From April to May, gross collections add up to ₹3.57 lakh crore, up 11.5% on the same months a year earlier.
| May 2024 | April 2024 | May 2023 | |
|---|---|---|---|
| Gross collections | ₹1,60,455 crore | ₹1,97,007 crore | ₹1,45,602 crore |
| Domestic | ₹1,20,576 crore | ₹1,59,181 crore | ₹1,03,830 crore |
| Imports | ₹39,879 crore | ₹37,826 crore | ₹41,772 crore |
| Net of refunds | – | – | – |
Gross GST collections by month (₹ lakh crore)Jun 2021 – May 2025
Source: GSTN's monthly GST revenue report. Gross collections are CGST, SGST and IGST together. They leave out the compensation cess, which was wound down in 2025-26, so months before then differ from the totals published at the time. The latest figures for every indicator are on the India macro dashboard.