Economy, Banking and Finance · 2 April 2026

Goods and Services Tax (GST) collections rise 8.2% in March 2026 to Rs 1.78 lakh crore

Exam-focused facts from the 2 April 2026 current affairs briefing.

Key facts

  • Net GST collections for March 2026 reached Rs 1.78 lakh crore, up 8.2% from the previous month.
  • Gross GST revenue for March 2026 stood at Rs 2 lakh crore, an 8.8% increase over March 2025.
  • Domestic GST revenue grew 5.9% to Rs 1.46 lakh crore, while import GST revenue surged 17.8% to Rs 0.54 lakh crore.
  • Refunds issued in March 2026 totalled Rs 0.22 lakh crore, 13.8% higher than in March 2025.
  • Maharashtra led pre-settlement collections at Rs 0.13 lakh crore, followed by Karnataka and Gujarat.
  • Post-settlement SGST collections rose in Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Gujarat, Maharashtra, Karnataka, Kerala, Tamil Nadu, Telangana and Andhra Pradesh.
  • Post-settlement SGST collections declined in Jammu and Kashmir, Chandigarh, Delhi, Arunachal Pradesh, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Chhattisgarh and Madhya Pradesh.