India's gross GST revenue up 14.8% on year to nearly Rs 2 lakh crore in August
- Gross Goods and Services Tax collections rose 14.8% year-on-year to about Rs 2 lakh crore in August, according to provisional government data released on Tuesday.
- Domestic GST revenue grew 9.3% to over Rs 1.37 lakh crore, while revenue from imports increased 29% to Rs 62,604 crore, driving the month's performance.
- Total GST refunds climbed 67.9% year-on-year to Rs 31,795 crore during August; factoring in this surge, total Net GST revenue reached Rs 1.68 lakh crore, an 8.3% increase.
- Central GST collection stood at Rs 38,413 crore, State GST reached Rs 46,316 crore, and Integrated GST exceeded Rs 1.15 lakh crore during the month.
- The 57th Meeting of the GST Council is scheduled for September 12, 2026, in New Delhi, with an Officers' Meeting preceding the session on September 11.
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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
The Indian economy is growing at a rapid pace, while GST collections are steadily filling the government's coffers. Within two days, PM Modi's government has received two pieces of good news.
India's Gross GST Revenue Jumps 14.8 Pc YoY to Rs 1.99 Lakh Crore in August
Get latest articles and stories on Business at LatestLY. India's Gross Goods and Services Tax (GST) revenue climbed to Rs 1,99,853 crore in August 2026 -- marking a 14.8 per cent year-on-year jump from Rs 1,74,116 crore in August 2025, according to provisional government data released for the month. Business News | India's Gross GST Revenue Jumps 14.8 Pc YoY to Rs 1.99 Lakh Crore in August.
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