GST mop-up grows 23% to over ₹2.31 lakh cr. in October
India's gross GST collections rose by 23% in October to over ₹2.31 lakh crore, driven by strong domestic activity and import revenues. Net collections, after accounting for refunds, also showed significant year-on-year growth, reflecting a robust economic trend.
Why it matters
GST collection data is a primary indicator of India's economic health and consumer demand, influencing fiscal policy and market sentiment.
New Delhi Gross GST collections increased 23% to over ₹2.31 lakh crore in October, driven by strong mop-up from domestic activities and imports, according to government data released on Sunday (November 1, 2026). Gross GST collections from domestic sales rose 16% to over ₹1.59 lakh crore, and revenues from imports climbed 42% to ₹72,246 crore.
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