May GST mop-up hits ₹1.94 lakh crore as goods supply jumps 26.9%, signaling retail demand strength
GST collections rose 3.2% YoY to ₹1.94 lakh crore in May, with taxable goods supply up 26.9% and services 22.2%. The broad-based print points to sustained consumption momentum across consumer goods, electronics and retail-linked categories heading into the festive build-up.
May GST collections rose 3.2% to ₹1.94 lakh crore, with goods taxable supply up 26.9% and services 22.2%, signaling broad-based domestic consumption strength across consumer goods, electronics, and retail-linked categories.
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