01. Key takeaways

India’s gross GST collections rose 22.9% to ₹2.31 lakh crore in October 2026, according to provisional GST Network data released on 1 November. Import GST jumped 42.2% and net revenue after refunds grew 25.6% to ₹2.03 lakh crore. The figures point to strong tax inflows for the Centre and states in the middle of the financial year.

India’s gross Goods and Services Tax (GST) collections rose 22.9% year-on-year to ₹2,31,290 crore in October 2026, according to provisional figures published by the GST Network on Sunday, 1 November. The total compares with ₹1,88,125 crore collected in October 2025.

02. What the October numbers show

Revenue from domestic transactions rose 15.8% to ₹1,59,044 crore. The larger increase came from imports: GST collected on imported goods rose 42.2% to ₹72,246 crore, from ₹50,796 crore a year earlier.

By component, Central GST (CGST) stood at ₹42,935 crore and State GST (SGST) at ₹51,340 crore. Integrated GST (IGST), which covers inter-state supplies and imports, totalled ₹1,37,015 crore, of which ₹64,769 crore came from domestic transactions.

03. Domestic and import revenue in detail

The breakdown matters because domestic and import GST behave differently. Domestic IGST, collected on inter-state sales within India, rose to ₹64,769 crore from ₹55,647 crore. CGST grew from ₹36,547 crore to ₹42,935 crore, and SGST from ₹45,134 crore to ₹51,340 crore. Gross import revenue, which consists only of IGST, rose from ₹50,796 crore to ₹72,246 crore.

On refunds, the data shows IGST refunds of ₹21,042 crore, CGST refunds of ₹3,146 crore and SGST refunds of ₹3,746 crore. SGST refunds were lower than in October 2025, when they stood at ₹4,287 crore.

04. Refunds and net revenue

The government issued refunds of ₹27,934 crore during the month, 6.5% more than a year ago. Domestic refunds rose 9.8% to ₹14,007 crore, while import-related refunds rose 3.4% to ₹13,927 crore.

After refunds, net GST revenue was ₹2,03,356 crore, up 25.6% from ₹1,61,900 crore in October 2025. Net domestic revenue grew 16.4% to ₹1,45,037 crore and net customs-related GST rose 56.2% to ₹58,319 crore.

05. Year-to-date picture

For the first seven months of the financial year (April to October 2026), gross GST collections reached ₹14,77,569 crore, 13.2% higher than the ₹13,05,213 crore collected in the same period last year. Cumulative net revenue stood at ₹12,69,486 crore, up 12.6%.

The GST Network notes that the figures are provisional and may change slightly when finalised.

06. Why October matters

October collections broadly reflect transactions carried out in September, when returns are filed and tax is paid. Several news reports, including The Hindu, linked the strong number to festive-season demand. The official data release itself does not attribute the growth to any specific cause.

Both domestic and import collections grew faster than the year-to-date average. Import GST grew at almost three times the pace of domestic GST, so a large part of the headline growth came from goods entering the country rather than from domestic sales alone.

07. Analysis

This section is Newsy’s analysis, not part of the official data. A single strong month does not confirm a trend. Import-led revenue can move with commodity prices, exchange rates and the timing of shipments. November and December figures will show whether domestic consumption is holding up after the festive period. For states, the rise in SGST and in IGST settlements matters because it feeds directly into their own budgets.

Related: more economy coverage in Business, and how the new EPFO services affect salaried workers in our EPFO report.

08. FAQ

How much GST did India collect in October 2026?

Gross collections were ₹2,31,290 crore, up 22.9% from ₹1,88,125 crore in October 2025, according to provisional GST Network data.

What is the net GST collection for October 2026?

After refunds of ₹27,934 crore, net GST revenue was ₹2,03,356 crore, an increase of 25.6% year-on-year.

What drove the increase?

Import GST grew fastest, rising 42.2% to ₹72,246 crore. Domestic revenue grew 15.8% to ₹1,59,044 crore.

Are these figures final?

No. The GST Network says the numbers are provisional and may vary slightly on finalisation.

09. Sources