EconomyThursday, 1 October 2026·The Hindu - Economy
GST collections cross ₹2 lakh crore again in September 2026; imports drive record share
India’s gross GST collections rose 14.7% to over ₹2.03 lakh crore in September 2026, with import-linked revenue touching a record 32.2% share.
Key highlights
Direct fact
In September 2026, India’s gross GST collections rose 14.7% to over ₹2.03 lakh crore, while the GST Council is scheduled to meet on 7 October 2026.
Key specifics
- Gross GST revenue: over ₹2.03 lakh crore in September 2026, up 14.7% year on year.
- Domestic GST collections: about ₹1.38 lakh crore, a 10.1% rise.
- Import-linked GST revenue: ₹65,525 crore, up 26% and 32.2% of total gross GST.
- Refunds: ₹27,001 crore in September 2026, down 3% year on year.
- Net GST collections: over ₹1.76 lakh crore after refunds, up 18.1%.
Exam lens
Question type: Economy data match-the-following, GST Council, gross vs net collections, import share 32.2%, September 2026. TNPSC may ask which component drove the record GST buoyancy and when the GST Council meets.