Government of India's GST collections rise 14.8% to nearly ₹2 trillion in August

Key facts

• Gross Goods and Services Tax (GST) revenue rose 14.8% year-on-year to ₹1,99,853 crore in August 2026.
• Net GST revenue after refunds increased 8.3% to ₹1,68,057 crore in August 2026.
• Domestic GST revenue grew 9.3% to ₹1,37,249 crore, while import revenue surged 29% to ₹62,604 crore.
• Central GST collection stood at ₹38,413 crore, State GST at ₹46,316 crore, and Integrated GST from domestic transactions at ₹52,520 crore.
• Refunds surged 67.9% to ₹31,795 crore, with domestic refunds up 72.6% and export refunds up 61.8%.
• Cumulative gross GST revenue for the fiscal year rose 11% to ₹10,42,757 crore, while net GST revenue increased 9% to ₹8,89,523 crore.
• Net customs revenue increased 22.3% to ₹49,299 crore, and net domestic GST revenue grew 3.4% to ₹1,18,759 crore.
• The GST Council will hold its 57th meeting in New Delhi on September 12, 2026.
• India's GDP grew 7.8% in Q1 of the current fiscal year.