Gross GST collections rise 22.9 per cent to Rs 2.31 lakh crore in October
Net GST revenue increased by 25.6 per cent to Rs 2.03 lakh crore after adjusting for refunds.
India's gross Goods and Services Tax (GST) collections grew by 22.9 per cent year-on-year to reach Rs 2.31 lakh crore in October, according to provisional data from the Ministry of Finance reported by ANI.
The monthly collections rose from Rs 1.88 lakh crore in the same month last year. Net GST revenue, which accounts for refunds, climbed 25.6 per cent to Rs 2.03 lakh crore, up from Rs 1.61 lakh crore in October 2025.
Revenue from imports saw a 42.2 per cent jump to Rs 72,246 crore, while domestic GST revenue grew 15.8 per cent to Rs 1.59 lakh crore. Within domestic figures, State GST (SGST) stood at Rs 51,340 crore and Central GST (CGST) was Rs 42,935 crore.
Total refunds for the month rose 6.5 per cent to Rs 27,934 crore. On a net basis, domestic GST revenue reached Rs 1.45 lakh crore, while net revenue from customs-related collections rose 56.2 per cent to Rs 58,319 crore.
Among states, Assam recorded a 47 per cent increase to Rs 1,934 crore, while Uttar Pradesh and Bihar both grew by 24 per cent. Maharashtra recorded domestic GST revenue of Rs 35,150 crore, a 13 per cent rise.
For the April-October 2026-27 period, gross GST collections increased 13.2 per cent to Rs 14.77 lakh crore. Net GST revenue for these seven months rose 12.6 per cent to Rs 12.69 lakh crore.