Gross GST mop-up grows 15% to ₹2 lakh crore in August
India's gross Goods and Services Tax (GST) collections grew by 14.8% year-on-year to ₹2 lakh crore in August 2026. While domestic transaction revenue saw steady growth, import-related tax revenue surged by 29%.
Why it matters
GST collection figures serve as a primary indicator of India's economic health and consumer demand, influencing fiscal policy and government budget planning.
Gross Goods and Services Tax (GST) collections rose 14.8% year-on-year to about ₹2 lakh crore in August.
Goods and Services Tax revenue from domestic transactions rose 9.3% to over ₹1.37 lakh crore, while revenue from imports increased 29% to ₹62,604 crore.
The gross Central GST collection was ₹38,413 crore, State GST at ₹46,316 crore and Integrated GST at over ₹1.15 lakh crore during August.
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Refunds jumped 68% to ₹31,795 crore during August.
Net GST collection during the month was at ₹1.68 lakh crore, an 8.3% year-on-year growth.
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