GST collections

October 5, 2026 5:23 PM

PM Modi shares FM Sitharaman’s article highlighting next-gen GST reforms

Prime Minister Narendra Modi on Monday highlighted that the next phase of GST reforms will make compliance easier and improve the refund process, giving businesses greater confidence to invest and grow. Sharing Finance Minister Nirmala Sitharaman’s article on X, the Prime Minister's Office (PMO) said that the next phase of GST reforms will strengthen the foundation for a Viksit Bharat. FM Sitharaman said that next-gen GST is making taxation simpler and more predictable while supporting busin...

October 1, 2026 3:16 PM

GST mop-up grows 15 pc to over Rs 2.03 lakh cr in Sep on buoyancy in imports, domestic sales

Gross GST collections rose 14.7 per cent in September to over Rs 2.03 lakh crore, aided by domestic consumption and strong growth in revenues from imports, according to government data. Gross GST collections from domestic activities rose 10.1 per cent to about Rs 1.38 lakh crore, while revenues from imports were up 26 per cent to Rs 65,525 crore, the data showed. Goods and Services Tax (GST) refunds, however, slowed to Rs 27,001 crore in September, a decline of 3 per cent year on year. After ...

September 1, 2025 5:02 PM

GST collections rise 6.5% in August to Rs 1.86 lakh crore

India’s Goods and Services Tax (GST) collections rose by 6.5% year-on-year to ₹1.86 lakh crore in August 2025, according to government data released on Monday. This marks the eighth consecutive month that revenues have remained above the ₹1.8 lakh crore mark, reflecting robust domestic consumption and steady economic activity. During August, gross domestic GST revenue grew 9.6% to ₹1.37 lakh crore, while tax from imports slipped 1.2% to ₹49,354 crore. Refunds fell sharply by 20% year-...

August 1, 2025 6:05 PM

GST collections rise 7.5% in July to Rs 1.96 lakh crore

India’s Goods and Services Tax (GST) collections rose to Rs 1.96 lakh crore in July, up 7.5 per cent from the same month of the previous year, according to government data released on Friday. The increase was driven by higher revenue from both domestic transactions and imports, reflecting steady economic activity, though the growth pace was slower than in recent months. Between April and July this year, gross GST revenue stood at Rs 8.18 lakh crore - marking a 10.7 per cent jump from Rs 7.39...