EconomySunday, 4 October 2026·The Hindu - Economy
GST collections rise 14.7% in September 2026; gross mop-up crosses ₹2.03 lakh crore
India’s gross GST collections rose 14.7% in September 2026 to over ₹2.03 lakh crore, with the GST Council meeting scheduled for October 7.
Key highlights
Direct fact
According to government data released on October 1, 2026, India’s gross GST collections in September 2026 rose 14.7% year on year to over ₹2.03 lakh crore.
Key specifics
- Domestic GST collections rose 10.1% to about ₹1.38 lakh crore.
- Import-related GST revenues increased 26% to ₹65,525 crore.
- Refunds fell to ₹27,001 crore in September 2026, a 3% decline year on year.
- Net GST collections rose 18.1% to over ₹1.76 lakh crore after adjusting for refunds.
- The GST Council, comprising Centre and state finance ministers, is scheduled to meet on October 7, 2026.
Exam lens
TNPSC economy question type: match gross, net, domestic, import and refund figures; remember September 2026, ₹2.03 lakh crore gross, ₹1.76 lakh crore net, and October 7 GST Council meeting.