EconomySaturday, 18 July 2026·The Hindu - Economy
GST revenue rose 13.9% in June 2026 to ₹1.95 lakh crore; import collections outpaced domestic sales
GST completed nine years on July 1, 2026, while June revenue rose 13.9% to ₹1.95 lakh crore, driven mainly by imports.
Key highlights
Direct fact
In June 2026, Goods and Services Tax (GST) revenue rose 13.9% to ₹1.95 lakh crore, and the tax system completed nine years of implementation on 1 July 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, with growth of nearly 35% in June 2026.
- Domestic transactions accounted for 69% of total GST revenue in June 2026, down from 74% in June 2025.
- GST revenue from imports recorded the 16th consecutive month of double-digit growth.
- Experts flagged issues such as input tax credit, dispute resolution, multiple registrations and inverted duty structure after 9 years of GST.
Exam lens
Question type: Economy and indirect tax facts, GST 2017–2026, ₹1.95 lakh crore, 13.9% growth, 69% domestic share; TNPSC may ask about inverted duty structure and the year GST was implemented.