India’s GST Collections Cross ₹2.11 Lakh Crore in July, Register 15.4% Growth

India's Goods and Services Tax (GST) collections maintained a strong growth trajectory in July, with gross revenues rising 15.4% year-on-year to over ₹2.11 lakh crore, reflecting healthy economic activity, stronger domestic consumption and higher tax collections from imports.

The latest figures mark a significant increase from the ₹1.83 lakh crore collected in July 2025 and are also higher than the approximately ₹1.95 lakh crore recorded in June 2026, underscoring sustained momentum in indirect tax revenues.

According to official data, Central GST (CGST) collections stood at ₹39,835 crore, while State GST (SGST) contributed ₹47,881 crore. Integrated GST (IGST) accounted for the largest share at over ₹1.23 lakh crore, supported by robust domestic trade and import-related tax receipts.

The government also processed GST refunds worth ₹29,968 crore during the month, representing a 13.1% increase compared with the corresponding period last year. After adjusting for refunds, net GST revenue stood at over ₹1.81 lakh crore, indicating sustained tax buoyancy despite higher refund outflows.

The continued rise in GST collections is seen as a positive indicator for the economy, reflecting improved compliance, expanding business activity and resilient consumer demand. Higher revenues also strengthen the Centre's fiscal position by providing additional resources for public expenditure and infrastructure development.

The July performance reinforces the government's efforts to enhance tax administration and improve GST compliance through technology-driven monitoring and streamlined return filing. With collections remaining above the ₹2 lakh crore mark, the indirect tax regime continues to demonstrate its growing contribution to India's revenue base and broader economic growth.