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GST collections rise 23% to over Rs 2.31 lakh crore in October

Gross GST revenue crossed Rs 2.31 lakh crore in October 2026, driven by a 16 per cent increase in domestic collections and a 42 per cent rise in revenue from imports.

Aishwarya Lakshmi T

New Delhi: Gross Goods and Services Tax (GST) collections rose 23 per cent year-on-year to over Rs 2.31 lakh crore in October, supported by strong revenue from domestic sales and imports, according to government data released on Sunday.

GST collections from domestic sales increased 16 per cent to over Rs 1.59 lakh crore, while revenue from imports surged 42 per cent to Rs 72,246 crore.

The October collection comprised Rs 42,935 crore in Central GST (CGST), Rs 51,340 crore in State GST (SGST) and over Rs 1.37 lakh crore in Integrated GST (IGST), the data showed.

GST refunds rose 6.5 per cent year-on-year to Rs 27,934 crore during the month. After adjusting for refunds, net GST collections increased 26 per cent to over Rs 2.03 lakh crore.

During April-October 2026, gross GST collections grew 13.2 per cent to over Rs 14.77 lakh crore. Net collections during the period rose 13 per cent to over Rs 12.69 lakh crore.