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

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 ...

GST turns eight: Unified tax system delivers record ₹22 lakh crore collection

June 30, 2025 1:05 PM

GST turns eight: Unified tax system delivers record ₹22 lakh crore collection

India’s Goods and Services Tax (GST) will complete eight years since its rollout on July 1, marking a significant milestone in the country’s economic integration journey. Introduced in 2017 to replace a maze of indirect taxes, GST was hailed by Prime Minister Narendra Modi as “a path-breaking legislation for New India.” Over time, the reform has reshaped tax compliance, improved business efficiency and bolstered government revenues. In 2024–25, gross GST collections touched a record ...