GST Collections Hit ₹2.11 Lakh Crore in July, Up 15%

India’s gross Goods and Services Tax (GST) collections surged by 15.4 per cent in July 2026, reaching a total of ₹2,11,205 crore. This substantial increase reflects improved revenue generation from both domestic transactions and imports during the period, highlighting robust economic activity.

Dissecting the Collection Growth

The latest figures demonstrate a significant rise from the ₹1,83,065 crore collected in July 2025, marking a clear year-over-year improvement. This growth indicates a robust performance across various economic activities contributing to the nation’s tax base.

Driving this overall increase was a 10.1 per cent rise in gross domestic GST revenue, which totaled ₹1,44,695 crore. Concurrently, collections from imports showed an even sharper ascent, jumping by 28.8 per cent to ₹66,511 crore, underscoring strong inbound trade.

Net Revenues and Component Breakdown

Beyond the gross numbers, net GST revenues for July 2026 also saw a healthy increase, climbing 15.8 per cent to ₹1,81,237 crore. This figure represents the actual revenue available to the government after accounting for refunds and adjustments, compared to net collections of ₹1,56,570 crore recorded in July 2025.

A closer look at the specific components reveals the distribution of these funds. Gross Central GST (CGST) from domestic transactions accounted for ₹39,835 crore. Meanwhile, State GST (SGST) collections during the same month stood at ₹47,881 crore, reflecting the respective shares.

These consistent collection trends underscore the expanding base of taxable transactions within the economy and from international trade. The sustained growth in GST revenues provides crucial insights into the nation’s fiscal health and economic momentum, signalling positive economic indicators.