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    <title>GST collections above Rs 2 trillion for second straight month, at Rs 2.01 lakh cr in May</title>
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    <description>Gross GST receipts in May rose 16.4 percent to about Rs 2.01 lakh crore, driven by stronger import GST growth alongside a smaller increase in domestic transaction revenues. The monthly split included Central GST, State GST, Integrated GST and cess; refunds fell slightly and net GST collections showed significant year on year growth. Analysts noted marked statewise variation and flagged the growth as largely import driven, with export refunds not increasing comparably, indicating the need for detailed sectoral analysis and potential policy implications.</description>
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