GST mop-up grows 14.7% to over ₹2.03 lakh crore in September 2026
India's gross GST collections increased by 14.7% in September 2026, reaching over ₹2.03 lakh crore. The growth was driven by both domestic economic activity and increased revenue from imports.
Why it matters
GST collection figures serve as a primary indicator of the health of the Indian economy and government fiscal performance.
Gross GST collections rose 14.7% in September to over ₹2.03 lakh crore.
Gross GST collections from domestic activities rose 10.1% to about ₹1.38 lakh crore, while revenues from imports were up 26% to ₹65,525 crore.
Goods and Services Tax (GST) refunds, however, slowed to ₹27,001 crore in September, a decline of 3% year on year.
After adjusting for refunds, net GST collections rose 18.1% to over ₹1.76 lakh crore in September.
During the first half of the fiscal (April-September), gross GST collection grew 11.6% to over ₹12.46 lakh crore. Net collections rose 10.45 to over ₹10.66 lakh crore.
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