India's Goods and Services Tax (GST) collections demonstrated remarkable growth in October 2026, surging to ₹2,31,290 crore. This figure represents a substantial 22.9% increase compared to the ₹1,88,125 crore collected in October 2025, as reported by the Ministry of Finance.
The impressive performance is attributed to strong momentum across both domestic revenue generation and import-driven collections. Over the first seven months of the current fiscal year (April-October 2026), cumulative gross GST collections reached ₹14,77,569 crore, reflecting a steady 13.2% growth over the same period last year.
Breakdown of Revenue Sources
Domestic revenue in October 2026 saw a 15.8% rise, climbing to ₹1,59,044 crore from ₹1,37,328 crore in the corresponding month of the previous year. Revenue from imports experienced an even more significant jump, increasing by 42.2% to ₹72,246 crore, compared to ₹50,796 crore in October 2025.
The components of the gross GST collection for October 2026 are as follows:
- Central GST (CGST): ₹42,935 crore (up from ₹36,547 crore in October 2025)
- State GST (SGST): ₹51,340 crore (compared to ₹45,134 crore in October 2025)
- Integrated GST (IGST): ₹1,37,015 crore (total gross collections, including ₹64,769 crore from domestic transactions and ₹72,246 crore from imports), a rise from ₹1,06,443 crore in October 2025.
For the fiscal period from April to October 2026, cumulative gross CGST stood at ₹2,85,858 crore, SGST at ₹3,42,491 crore, and IGST totaled ₹8,49,220 crore.
Refunds and Net Revenue Growth
Total refunds disbursed during October 2026 amounted to ₹27,934 crore, marking a 6.5% year-on-year increase from ₹26,225 crore in October 2025. This figure includes ₹14,007 crore in domestic refunds and ₹13,927 crore in import/ICEGATE export refunds.
After accounting for these refunds, the net GST revenue for October 2026 grew by 25.6% to reach ₹2,03,356 crore, up from ₹1,61,900 crore in October 2025. The cumulative net GST revenue for April-October 2026 stood at ₹12,69,486 crore, reflecting a 12.6% growth over the ₹11,27,355 crore collected during the same seven-month period in the previous fiscal year.