The Goods and Services Tax (GST) collection in India continues to show steady growth with monthly increases. According to data for October, the annual GST collection grew by a significant 22.9%. Last month, the government treasury received 231,290 crore rupees.
When publishing this data, the government also clarified the factors that contributed to such a sharp increase in collections.
It is worth noting that during the same period last year, in October 2025, the total GST collection was 188,125 crore rupees. Thus, in the current month, the amount exceeded last year's figure by 43,165 crore rupees.
During October, GST collection from the domestic market reached 159,044 crore rupees, which is 15.8% more than 137,328 crore rupees in the corresponding period of the previous year. Furthermore, import revenues increased by 42.2%, reaching 72,246 crore rupees compared to 50,796 crore rupees a year earlier.
A detailed review of the components of the total GST collection for the last month shows that integrated GST includes 64,769 crore rupees from domestic transactions and 72,246 crore rupees from imports.
Regarding the financial period from April to October 2026, the total gross CGST reached 285,858 crore rupees, SGST amounted to 342,491 crore rupees, and IGST totaled 849,220 crore rupees.
The total amount of refunds paid in October 2026 increased by 6.5% compared to last year, amounting to 27,934 crore rupees versus 26,225 crore rupees in October 2025. This amount included 14,007 crore rupees in domestic refunds and 13,927 crore rupees in import/export refunds via ICEGATE.
After adjusting the total refunds, the net GST revenue for October 2026 grew by 25.6%, reaching 203,356 crore rupees, compared to 161,900 crore rupees in October 2025. For the period from April to October 2026, the total net GST revenue was 1,269,486 crore rupees, which is 12.6% higher than the 1,127,355 crore rupees collected over the same seven months in the previous fiscal year.
For the first seven months of the current fiscal year (April-October 2026), the total GST collection reached 1,477,569 crore rupees, which is 13.2% more than the 1,305,213 crore rupees collected during the corresponding period of the previous fiscal year.
The Ministry of Finance shared these official figures, specifying that the significant growth in GST collection is due to a strong increase in both domestic revenue and import revenues.