EconomyTuesday, 14 July 2026·The Hindu - Economy
GST completes 9 years: June 2026 revenue rose 13.9% to ₹1.95 lakh crore, imports drove growth
GST revenue rose 13.9% to ₹1.95 lakh crore in June 2026, with imports growing faster than domestic transactions.
Key highlights
Direct fact
In June 2026, Goods and Services Tax (GST) revenue rose 13.9% to ₹1.95 lakh crore, the highest growth rate in 13 months, as GST completed nine years of implementation on July 1, 2026.
Key specifics
- Domestic GST collections grew 6.5% to about ₹1.35 lakh crore in June 2026.
- Imports contributed about ₹0.6 lakh crore, growing nearly 35% year-on-year.
- Domestic transactions accounted for 69% of total GST revenue in June 2026.
- Import-related GST growth was the 16th consecutive month of double-digit growth.
- Experts flagged issues such as input tax credits, dispute resolution, multiple registrations and inverted duty structure.
Exam lens
MCQ focus: GST revenue figures, June 2026, 13.9% growth, ₹1.95 lakh crore, 9 years since July 1, 2017; TNPSC may ask about domestic vs import share and the inverted duty structure.