India’s Goods and Services Tax (GST) collections for February 2026 show steady growth, reflecting stable domestic consumption and robust import activity. As per the provisional data released by the Ministry of Finance, gross GST revenue for the month stood at ₹1,83,609 crore, marking an 8.1% year-on-year (YoY) growth compared to February 2025.
The latest GST numbers indicate consistent economic momentum, with strong performance in both domestic and import segments.
Key Highlights of GST Collection - February 2026
- Total Gross GST Revenue: ₹1,83,609 crore (8.1% YoY growth)
- Net GST Revenue (after refunds): ₹1,61,014 crore (7.9% YoY growth)
- Gross Domestic Revenue: ₹1,35,772 crore (5.3% YoY growth)
- Gross Import Revenue: ₹47,837 crore (17.2% YoY growth)
- Total Refunds Issued: ₹22,595 crore (10.2% YoY increase)
Gross GST Revenue Breakdown
1. Domestic Revenue
Domestic GST collections rose to ₹1,35,772 crore in February 2026, compared to ₹1,28,957 crore in February 2025, registering a 5.3% increase.
Component-wise domestic collections:
- CGST: ₹37,473 crore
- SGST: ₹45,900 crore
- IGST: ₹52,399 crore
The moderate growth in domestic revenue suggests steady internal trade and consumption patterns across states.
2. GST on Imports
GST revenue from imports showed strong growth, rising 17.2% year-on-year to ₹47,837 crore. This sharp increase reflects higher import volumes and stronger customs collections.
Total Refunds and Net GST Revenue
Refunds
Total GST refunds issued during February 2026 amounted to ₹22,595 crore, up 10.2% compared to February 2025.
- Domestic refunds: ₹9,939 crore
- Export refunds (via ICEGATE): ₹12,656 crore
Higher export refunds indicate improved export activity and faster refund processing.
Net GST Revenue
After adjusting for refunds, Net GST revenue stood at ₹1,61,014 crore , reflecting 7.9% YoY growth.
Breakup of net revenue:
- Net Domestic Revenue: ₹1,25,833 crore (6.2% growth)
- Net Customs Revenue: ₹35,181 crore (14.2% growth)
Cess Collection Update
Net Compensation Cess revenue for February 2026 stood at ₹5,063 crore. As clarified in the official release, compensation cess continues as a transitory arrangement until outstanding loans and interest liabilities are fully discharged.
State-Wise GST Performance: February 2026
State-wise SGST collections show varied growth trends across regions.
Major Performing States (Pre-Settlement Growth)
- Maharashtra: ₹10,286 crore (6% growth)
- Karnataka: ₹4,353 crore (11% growth)
- Gujarat: ₹4,276 crore (9% growth)
- Tamil Nadu: ₹3,713 crore (-6%)
- Uttar Pradesh: ₹2,863 crore (5% growth)
- Telangana: ₹1,958 crore (12% growth)
- Bihar: ₹986 crore (23% growth)
Among northeastern states, Sikkim recorded a sharp 67% growth , while Meghalaya grew 33% , indicating improved tax mobilisation in smaller states.
Year-to-Date GST Collections (April 2025 – February 2026)
For the financial year up to February 2026:
- Total Gross GST Revenue: ₹20,27,033 crore (8.3% growth over last year)
- Total Net GST Revenue: ₹17,56,772 crore (6.9% growth)
- Total SGST (Pre-Settlement): ₹4,98,033 crore (7% growth)
The cumulative numbers reflect consistent tax buoyancy through FY 2025–26.
GSTIN Growth and Tax Base Expansion
As of 28 February 2026, the total number of active GST registrations (GSTINs) increased significantly compared to the previous year, indicating expansion of the tax base and formalisation of businesses across states.
Larger states such as:
- Maharashtra
- Uttar Pradesh
- Tamil Nadu
- Gujarat
- Karnataka
continue to dominate in terms of total registrations and tax contributions.
What February 2026 GST Numbers Indicate
- Strong Import Momentum: 17.2% growth in import GST signals rising trade activity.
- Stable Domestic Growth: 5.3% growth suggests consistent internal demand.
- Healthy Net Revenue Growth: Nearly 8% rise even after refunds highlights fiscal resilience.
- State-Level Variations: Some industrial states show double-digit growth, while a few recorded marginal contraction.
Overall, February 2026 GST data reflects economic stability with improving trade indicators and consistent tax compliance.
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