Why in News? 

India’s GST collection for May 2025 reached ₹2.01 lakh crore, marking a 16.4% increase from May 2024 (₹1.72 lakh crore). 

About GST 

• The Goods and Services Tax (GST) is a comprehensive indirect tax applied to the sale of most goods and services intended for domestic consumption in India. 
• Although GST is paid by the final consumer, the responsibility for remitting it to the government lies with the businesses selling the goods or services. 
• GST follows the Value Added Tax (VAT) principle and is implemented uniformly across the country, replacing a host of previous central and state-level indirect taxes.  
• Its introduction simplified India’s tax structure by merging various levies under one system.