In May, India's net Goods and Services Tax (GST) revenue increased by 3.3% year-on-year to ₹1.67 trillion, with gross collections rising 3.2% to ₹1.94 trillion. This growth was significantly influenced by strong import-linked revenues, which saw a 19.1% rise to ₹59,654 crore. However, domestic GST revenue experienced a decline of 2.6% to ₹1.35 trillion, attributed to a high base effect from a previous telecom payment. The robust import collections stemmed from increased imports of industrial raw materials, with notable growth in computer processing units and coal imports. Taxable supplies in the goods sector rose 26.9% year-on-year, reflecting genuine demand expansion across various sectors, including agriculture and manufacturing. The services sector also showed strong growth, with taxable supplies increasing 22.2% to ₹11.5 trillion. Experts suggest that the government should consider easing refund processes and addressing inverted duty structures to support industry competitiveness.