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HomeNotificationGross GST Collection Nears ₹2 Lakh Crore in August 2026, Rises 14.8%;...

Gross GST Collection Nears ₹2 Lakh Crore in August 2026, Rises 14.8%; Import Revenue Jumps 29%

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India’s gross GST revenue increased by 14.8% year-on-year to ₹1,99,853 crore in August 2026, compared with ₹1,74,116 crore collected in August 2025, according to the GST Gross and Net Collections report as of August 31, 2026.

The collections moved close to the ₹2 lakh crore mark, supported by growth in both domestic transactions and imports. However, a sharp rise in refunds restricted the increase in net GST revenue during the month.

After accounting for refunds, the government’s net GST revenue stood at ₹1,68,057 crore in August 2026, registering growth of 8.3% over the ₹1,55,181 crore collected in the corresponding month last year.

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Domestic GST Revenue Rises 9.3%

Gross revenue from domestic transactions increased to ₹1,37,249 crore in August 2026 from ₹1,25,570 crore in August 2025, reflecting year-on-year growth of 9.3%.

The domestic component included Central GST collection of ₹38,413 crore, State GST collection of ₹46,316 crore and Integrated GST collection of ₹52,520 crore.

In August 2025, the corresponding collections were ₹34,076 crore as CGST, ₹42,854 crore as SGST and ₹48,639 crore as IGST.

The figures show that domestic GST revenue remained on a positive trajectory, although its growth was substantially lower than the expansion recorded in revenue from imports.

GST Revenue From Imports Surges 29%

Gross GST revenue from imports rose sharply by 29% to ₹62,604 crore during August 2026. The collection stood at ₹48,546 crore in August 2025.

The ₹14,058 crore increase in import-related IGST accounted for more than half of the overall year-on-year increase in gross GST revenue during the month.

After adjusting export-related GST refunds processed through ICEGATE, net customs GST revenue increased by 22.3% to ₹49,299 crore from ₹40,326 crore a year earlier.

The figures indicate that imports were a major driver of GST revenue growth in August, significantly outpacing domestic collection growth.

Refunds Jump Nearly 68%

Total GST refunds increased by 67.9% to ₹31,795 crore in August 2026, compared with ₹18,935 crore in August 2025.

Domestic refunds rose by 72.6% to ₹18,490 crore from ₹10,715 crore. These included CGST refunds of ₹3,890 crore, SGST refunds of ₹4,555 crore and IGST refunds of ₹10,044 crore.

Export GST refunds processed through ICEGATE increased by 61.8% to ₹13,305 crore from ₹8,221 crore in the corresponding month last year.

The substantial rise in refund outgo created a visible gap between gross and net revenue growth. While gross GST collections increased by 14.8%, net collections grew by 8.3%.

Net domestic revenue consequently recorded relatively modest growth of 3.4%, rising to ₹1,18,759 crore from ₹1,14,855 crore.

April-August Gross Collection Crosses ₹10.42 Lakh Crore

Gross GST revenue collected during the first five months of the 2026-27 financial year reached ₹10,42,757 crore. This represented growth of 11% over the ₹9,39,724 crore collected during the corresponding period of 2025-26.

Cumulative domestic revenue increased by 5.3% to ₹7,36,370 crore from ₹6,99,127 crore.

Import-related GST collection during April-August showed much stronger growth of 27.3%, reaching ₹3,06,387 crore against ₹2,40,596 crore in the same period last year.

Total refunds during the five-month period rose by 23.8% to ₹1,53,234 crore from ₹1,23,785 crore.

After refunds, cumulative net GST revenue stood at ₹8,89,523 crore, reflecting 9% growth over ₹8,15,939 crore collected up to August 2025.

Net domestic revenue grew by 2.7% to ₹6,45,445 crore. In contrast, net customs GST revenue increased by 30.4% to ₹2,44,078 crore, further underlining the contribution of imports to revenue growth during the current financial year.

Assam Records Highest Major-State Growth

State-wise domestic GST revenue figures, which exclude GST collected on the import of goods, showed wide variation during August 2026.

Assam recorded an exceptional 162% increase, with revenue rising to ₹3,679 crore from ₹1,403 crore. Among larger states, Uttar Pradesh reported 19% growth to ₹9,092 crore, while Telangana recorded 16% growth at ₹5,343 crore.

Gujarat’s collection increased by 15% to ₹12,047 crore. Karnataka and Kerala each registered 13% growth, collecting ₹14,148 crore and ₹3,078 crore, respectively.

Punjab, Haryana and Chhattisgarh recorded growth of 12% each. Delhi’s GST revenue rose by 10% to ₹6,216 crore, while Maharashtra—the largest contributor in absolute terms—reported an 8% increase to ₹28,779 crore.

Jharkhand registered 11% growth, Madhya Pradesh 7%, Bihar 9% and Chandigarh 8%.

Several States Report Contraction

A number of states and Union Territories recorded a year-on-year decline in domestic GST revenue.

Sikkim reported the steepest contraction, with collections falling 63% to ₹170 crore from ₹454 crore. Himachal Pradesh recorded a 23% decline, while Meghalaya’s revenue fell by 21%.

Puducherry reported a 13% decrease. Jammu and Kashmir and Uttarakhand each registered a 9% contraction, while Odisha and Andhra Pradesh recorded declines of 7% each.

Rajasthan and Goa reported decreases of 2%, while Tamil Nadu’s collection slipped 1% to ₹10,189 crore. West Bengal’s revenue remained broadly unchanged at ₹5,053 crore.

Post-Settlement Revenue of States Rises 13%

After including the SGST portion of IGST settled to states and Union Territories, their aggregate post-settlement revenue increased by 13% to ₹95,531 crore in August 2026 from ₹84,549 crore in August 2025.

Assam recorded the highest post-settlement growth among the major states at 97%. Gujarat’s post-settlement revenue rose by 28%, Haryana’s by 21% and Karnataka’s by 19%.

Uttar Pradesh, Kerala and Telangana each reported post-settlement growth of 17%. Maharashtra registered a 13% increase to ₹17,789 crore.

For the April-August period, total post-settlement revenue of states and Union Territories grew by 16% to ₹4,86,727 crore from ₹4,19,033 crore.

The revenue report clarified that the collection figures are provisional and may vary slightly upon finalisation.

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Read More: Delhi High Court Refuses to Entertain Challenge to Gold Confiscation Due to Statutory Appeal Remedy and Unexplained Delay

Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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