GST Mop-Up Rises 14.7% to Rs 2.04 Lakh Crore in September
India’s gross GST collections rose 14.7 per cent year-on-year to Rs 2,03,521 crore in September 2026, staying above Rs 2 lakh crore for the third straight month, official data released on October 1 showed.
Net revenue after refunds surged 18.1 per cent to Rs 1,76,520 crore. Revenue from domestic activity grew 10.1 per cent to Rs 1,37,996 crore, while import-linked GST jumped 25.9 per cent to Rs 65,525 crore. Refunds fell 3 per cent to Rs 27,001 crore.
For the first half of the fiscal year, gross collections reached Rs 12.46 lakh crore, up 11.6 per cent. Central GST stood at Rs 37,762 crore, State GST at Rs 45,363 crore and Integrated GST at Rs 1,20,396 crore in September.
Analysts noted the growth is increasingly import-driven and cautioned against reading it as pure domestic strength. All eyes are now on the GST Council meeting on October 7, which is expected to focus on process reforms rather than rate changes.
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