GST mop-up grows 14.7% to over ₹2.03 lakh crore in September 2026

GST mop-up grows 14.7% to over ₹2.03 lakh crore in September 2026

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 Gross GST collections rose 14.7% in September to over ₹2.03 lakh crore, according to government data released on October 1, 2026.

While the collections from domestic activities rose 10.1% to about ₹1.38 lakh crore, revenues from imports were up 26% to ₹65,525 crore.

 The refunds slowed to ₹27,001 crore in September, a decline of 3% year on year. After adjusting for refunds, net GST collections rose 18.1% to over ₹1.76 lakh crore in September.

This is the third month in the current fiscal year when GST collections have crossed ₹2 lakh crore. Earlier in April and July, the GST revenues had touched record highs of about ₹2.43 lakh crore and over ₹2.11 lakh crore, respectively.

Meanwhile, the GST Council, comprising Centre and state finance ministers, is scheduled to meet on October 7.

(With PTI inputs)

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