India’s gross GST revenue rises 14.7% to Rs 2.04 lakh crore in September

India’s gross Goods and Services Tax (GST) collections rose 14.7 per cent year-on-year to nearly Rs 2.04 lakh crore in September, marking the third consecutive month in which monthly receipts remained above the Rs 2 lakh crore mark, according to official data released on Thursday.

Gross GST revenue stood at Rs 2,03,521 crore during the month, compared with the corresponding period last year. The collection comprised Rs 37,762 crore in Central GST (CGST), Rs 45,363 crore in State GST (SGST) and Rs 1,20,396 crore in Integrated GST (IGST).

After accounting for refunds, net GST revenue increased 18.1 per cent year-on-year to Rs 1,76,520 crore.

Gross domestic revenue also maintained a steady pace of growth, rising 10.1 per cent to Rs 1,37,996 crore from Rs 1,25,334 crore a year earlier.

The latest figures indicate sustained momentum in GST revenues during the first half of the financial year. Cumulative gross GST collections between April and September reached Rs 12,46,278 crore, representing an 11.6 per cent increase over the corresponding period.

The September performance follows strong collections in August, when gross GST revenue rose 14.8 per cent year-on-year to Rs 1,99,853 crore.

Import-related taxes continued to be a major contributor to overall growth. Gross GST revenue from imports rose 29 per cent to Rs 62,604 crore, while domestic GST collections increased 9.3 per cent to Rs 1,37,249 crore from Rs 1,25,570 crore in August 2025.

At the same time, the government saw a significant rise in GST refunds during the month. Total refunds increased 67.9 per cent year-on-year to Rs 31,795 crore, compared with Rs 18,935 crore in the same period a year earlier.

The latest revenue data comes ahead of the GST Council meeting scheduled for October 7. Sources have indicated that the Council is not expected to undertake major changes in GST rates at the meeting and may instead focus on process reforms and the implementation of the recently undertaken rate rationalisation.

The Council is also expected to review the implementation of GST rate changes over the past year and examine areas requiring further streamlining.

Union Finance Minister Nirmala Sitharaman has indicated that the October 7 meeting will focus on process reforms under the next phase of GST, or GST 2.0. Areas such as e-invoicing and input tax credit rules are expected to feature in the discussions.

The continued strength in GST collections provides an important indicator of tax compliance and economic activity, while the higher refund outgo also reflects increased settlements with eligible taxpayers and exporters.