Stories

GST Meeting
C
CNBC Awaaz•01-10-2026, 11:43
GST Collection Soars to ₹2.03 Lakh Crore in September 2026, Up 14.7%
  • •Total gross GST collection in September 2026 reached ₹2,03,521 crore, marking a 14.7% increase year-on-year.
  • •Net GST collection, after deducting refunds, stood at ₹1,76,520 crore, showing an 18.1% increase due to reduced refunds.
  • •Gross GST collection from domestic trade was ₹1,37,996 crore, reflecting a 10.1% increase.
  • •GST from imports saw a faster growth of 25.9%, reaching ₹65,525 crore, significantly higher than domestic trade growth.
  • •States like Maharashtra, Karnataka, and Gujarat showed strong growth in domestic GST collection, while Tamil Nadu and Uttarakhand saw a decrease.

Key Questions Answered

In September 2026, India's total gross GST collection reached 2,03,521 crore rupees, marking a 14.7 percent annual increase. After deducting total refunds of 27,001 crore rupees, the net GST collection stood at 1,76,520 crore rupees, which is an 18.1 percent increase compared to the previous year.

Gross GST collection from domestic trade grew by 10.1 percent to 1,37,996 crore rupees in September 2026. Meanwhile, gross GST received from imports showed a much faster growth of 25.9 percent, reaching 65,525 crore rupees.

In September 2026, Maharashtra led state-wise domestic GST collection with 29,986 crore rupees (a 15 percent annual increase), followed by Karnataka at 13,884 crore rupees and Gujarat at 12,222 crore rupees. Conversely, collections decreased in states like Tamil Nadu, Uttarakhand, and Himachal Pradesh.