India GST Revenue Grows 14.8% To Nearly Rs 2 Lakh Crore In Aug.
As per the ministry’s data, revenue from domestic transactions rose 9.3 per cent to over Rs 1.37 lakh crore, while that from imports jumped 29 per cent to Rs 62,604 crore. “With this, the gross GST revenue during August was Rs 1,99,853 crore,” the data showed
New Delhi: Led by domestic transactions as well as imports, India’s gross goods and services tax (GST) revenue climbed to nearly about Rs 2 lakh crore in August 2026, marking a 14.8 per cent year-on-year increase over Rs 1.74 lakh crore collected in August 2025, the finance ministry said on Tuesday.
The August GST mop-up data came a day after the government’s data showed a robust GDP growth of 7.8 percent during the June quarter of FY27. However, the GST collections indicated that economic activity and consumption continued to be strong in the second quarter as well despite the tariff headwinds and the West Asia crisis.
As per the ministry’s data, revenue from domestic transactions rose 9.3 per cent to over Rs 1.37 lakh crore, while that from imports jumped 29 per cent to Rs 62,604 crore. “With this, the gross GST revenue during August was Rs 1,99,853 crore,” the data showed.
“The gross Central GST collection was Rs 38,413 crore, state GST at Rs 46,316 crore and integrated GST at over Rs 1.15 lakh crore during August, while refunds jumped 68 per cent to Rs 31,795 crore during August. Net GST collection during the month was at Rs 1.68 lakh crore, an 8.3 per cent year-on-year growth,” it said.
Commenting on the data, EY India Tax Partner Saurabh Agarwal said that the GST collections underscored the underlying resilience of the Indian economy, reflecting steady consumption and improving compliance. “Looking ahead, with the festive season round the corner, revenue collections over the next couple of months are likely to trend higher, supported by increased consumer spending,” Agarwal said.
“Equally encouraging is the pickup in collections from states such as Arunachal Pradesh, Nagaland, Mizoram, Assam, Chhattisgarh, Ladakh, and Andaman & Nicobar - a trend that reflects the broadening of economic activity beyond traditional industrial hubs and points to more inclusive, geographically balanced growth,” he added.
Nangia Global, executive director - Indirect Tax, Sivakumar Ramjee also said that August 2026 also provides an early view of the impact of GST 2.0, with collections remaining robust despite the rate rationalisation introduced in September 2025.
“However, the fact that growth is being supported by higher import collections, alongside a sharp increase in refunds, makes it important to see whether the rate rationalisation is translating into stronger domestic consumption and volumes and, consequently, more broad-based revenue growth,” Ramjee said.
