India's GST collections surge 23% to ₹2.31 lakh crore in October
Gross tax revenue hits highest growth in over four years, driven by import surge and strong domestic collections.
What to know
- India's gross GST collections hit ₹2.31 lakh crore in October, up 23% year-over-year — the fastest growth in over four years.
- Import revenues surged 42%, while domestic sales grew 16%, signaling strong economic activity across both segments.
- Net collections (after refunds) rose 26% to ₹2.03 lakh crore, indicating robust tax compliance and economic resilience.
“Gross GST collections increased 23% to over ₹2.31 lakh crore in October, driven by strong mop-up from domestic activities and imports”
The Hindu · The Hindu ↗
Government of India Tax authority
How it unfolded 1 development · click the chart to see its coverage articles
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April-October period shows 13.2% gross GST growth — During April-October 2026, gross GST collection grew 13.2% to over ₹14.77 lakh crore, with net collections rising 13% to over ₹12.69 lakh crore.
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Domestic sales and imports drive October revenue surge — Gross GST collections from domestic sales rose 16% to over ₹1.59 lakh crore, while revenues from imports climbed 42% to ₹72,246 crore. GST refunds increased 6.5% year-on-year to ₹27,934 crore. After adjusting for refunds, net GST collections rose 26% to over ₹2.03 lakh crore.
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Government releases October GST collection data showing 23% growth
Official data released on November 1 shows gross GST collections increased 23% to over ₹2.31 lakh crore in October. The breakdown includes Central GST of ₹42,935 crore, State GST of ₹51,340 crore, and Integrated GST of over ₹1.37 lakh crore.
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first by News On AIR, 12d ago · also The Economic Times, Zee Business, NDTV, The Hindu, Forbes India, Telegraph India +2
9 more headlines
- India's October Gross GST collections jump 22.9% to Rs 2.31 lakh crore The Economic Times · 12d ago
- GST Collection October 2026: Gross revenue rises 23% to Rs 2.31 lakh crore, Net collection up 26% Zee Business · 12d ago
- Gross GST Collections Increase 23% To Rs 2.31 Lakh Crore In October NDTV · 12d ago
- GST collections rise 23% to Rs 2.3 lakh crore in October, fastest growth in over four years Moneycontrol.com · 12d ago
- GST mop-up grows 23% to over ₹2.31 lakh cr. in October The Hindu · 12d ago
- GST haul hits Rs2.31 lakh crore in October, up 22.9 percent Forbes India · 12d ago
- Festive buying pushes October GST collections to second-highest level of Rs 2.31 lakh crore Telegraph India · 12d ago
- GST collections rise 22.9% to Rs 2.31 lakh crore in October Times of India · 12d ago
- Gross GST collections rise 23% to over ₹2.31 lakh crore in October ET Government · 12d ago
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first by Deccan Herald, 12d ago
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