India’s Goods and Services Tax (GST) collections continued to remain strong in the first half of financial year 2026-27, with gross collections reaching approximately ₹12.46 lakh crore between April and September 2026.
According to the latest government data, gross GST collections stood at ₹2,03,521 crore in September 2026, registering a 14.7% year-on-year increase. September marked another month in which GST collections crossed the ₹2 lakh crore milestone.
Month-Wise GST Collection in FY 2026-27
The gross GST collections recorded during the first six months of FY 2026-27 were:
- April 2026: ₹2,42,702 crore
- May 2026: ₹1,94,184 crore
- June 2026: ₹1,94,812 crore
- July 2026: ₹2,11,205 crore
- August 2026: ₹1,99,853 crore
- September 2026: ₹2,03,521 crore
Together, these collections amount to around ₹12.46 lakh crore during April-September.
September GST Collection Rises 14.7%
September’s gross GST collection of ₹2.04 lakh crore was 14.7% higher than the corresponding month last year. Domestic GST revenue increased by 10.1% to around ₹1.38 lakh crore, while revenue from imports also recorded strong growth.
After accounting for refunds, net GST revenue rose 18.1% year-on-year to around ₹1.77 lakh crore in September, according to provisional figures.
The improvement in net collections also strengthened the quarterly trend. Net GST revenue growth accelerated to around 14% during the July-September quarter, compared with approximately 7% in the April-June quarter.
GST Revenue Remains Above ₹2 Lakh Crore
The September numbers indicate continued momentum in India’s indirect tax collections. Strong domestic transactions, import-related revenue and improving tax compliance have contributed to the rise in collections.
However, higher GST collections should not automatically be interpreted as a measure of domestic consumption alone. A significant portion of the recent increase has also come from import-related GST revenue.
The government has continued to strengthen India’s GST framework through digital compliance systems and tax administration reforms. The number of registered GST taxpayers has also expanded substantially since GST was introduced in 2017.
With the first half of FY 2026-27 now complete, the ₹12.46 lakh crore gross collection provides a strong revenue base for the remainder of the financial year.
