Finance Ministry records 8.1% YoY rise in February GST collections to ₹1.83 lakh crore

Exam-focused facts from the 3 March 2026 current affairs briefing.

Key facts

India’s gross Goods and Services Tax (GST) collection reached ₹1.83 lakh crore in February 2026, up 8.1% YoY.
Cumulative gross GST revenue for FY26 up to 28 February stood at ₹20.27 lakh crore, marking an 8.3% YoY increase.
Total refunds issued in February were ₹22,595 crore, up 10.2% YoY, yielding net GST revenue of ₹1.61 lakh crore.
Gross Domestic Revenue grew 5.3% to ₹1.36 lakh crore, while Gross Import Revenue surged 17.2% to ₹47,837 crore.
Net cess revenue declined to ₹5,063 crore from ₹13,481 crore in February 2025.
Maharashtra led pre-settlement SGST with ₹10,286 crore, followed by Karnataka and Gujarat.
Post-settlement SGST growth was positive in Himachal Pradesh, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, Uttar Pradesh, Bihar, Maharashtra, Karnataka, Tamil Nadu, Sikkim and Arunachal Pradesh.
Post-settlement SGST contracted in West Bengal, Jharkhand, Odisha, Chhattisgarh, Madhya Pradesh, Tripura and Jammu and Kashmir.