- The economic horse race of the country!
- A new record of GST collection
- Revenues rose 23% to Rs 2.31 lakh crore in October
GST Collection October 2026 : On the back of strengthening economic developments in the country, Goods and Services Tax (GST) collections have registered a robust growth in October 2026. According to provisional data released by the government on Sunday, the total GST collection in October rose 22.9 per cent year-on-year to Rs 2.31 lakh crore in October 2025, compared to Rs 1.88 lakh crore in October 2025. ( GST Collection October 2026 )
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After adjusting for refunds, net GST revenue rose 25.6 percent to Rs 2.03 lakh crore as against Rs 1.61 lakh crore in the same period last year. This increase reflects the improvement in domestic economic conditions and significant increase in tax revenue on imports.
An even bigger increase in revenue
According to the data, domestic GST collection rose by 15.8 percent to Rs 1.59 lakh crore in October. An even bigger increase was recorded in revenue from imports, which grew by 42.2 per cent to Rs 72,246 crore. The share of central CGST was Rs 42,935 crore, state SGST was Rs 51,340 crore and integrated IGST was Rs 64,769 crore in domestic GST collections. On the other hand, IGST collection on imports has increased from Rs 50,796 crore in October 2025 to Rs 72,246 crore this year.
Net GST revenue grew by 12.6 percent
Total GST collection in the first seven months (April-October) of the current financial year 2026-27 has increased by 13.2 per cent to Rs 14.77 lakh crore compared to Rs 13.05 lakh crore in the same period of the previous financial year. Net GST revenue rose 12.6 percent to ₹12.69 lakh crore, compared to ₹11.27 lakh crore in the same period last year.
Increase in GST refund
The government has also reported an increase in GST returns in October. Total returns increased by 6.5 percent to ₹27,934 crore, compared to ₹26,225 crore in the same month last year. Domestic returns increased by 9.8 percent to ₹ 14,007 crore, while export returns processed through ICEGATE increased by 3.4 percent to ₹ 13,927 crore.
After adjusting for refunds, domestic net GST collections rose 16.4 percent to ₹1.45 lakh crore. Net GST revenue from customs also registered a substantial growth of 56.2 percent to ₹ 58,319 crore.
Total GST returns increased by 16.9 percent to Rs 2.08 lakh crore during April-October 2026. Domestic returns rose 19.7 percent to Rs 1.18 lakh crore, while import-related returns rose 13.4 percent to Rs 89,733 crore.
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