GST Collections Touch Rs 2 Lakh Crore in March 2026, Up 8.8% YoY



Quick Summary
India's Goods and Services Tax (GST) revenue for March 2026 reached an impressive £2,00,064 crore, marking an 8.8% increase compared to the previous year. This strong performance contributed to an annual GST collection of £22,27,096 crore for the financial year 2025-26. The growth was notably boosted by a significant rise in GST collected from imports, alongside increased domestic collections and faster refund processing for businesses.

India's Goods and Services Tax (GST) collections witnessed a strong performance in March 2026, with total gross revenue reaching Rs 2,00,064 crore, reflecting an 8.8% year-on-year (YoY) growth compared to March 2025. This marks one of the highest monthly GST collections, indicating sustained economic momentum and improved compliance. Annual GST Revenue Crosses Rs 22 Lakh Crore For the financial year 2025-26, total gross GST collections stood at Rs 22,27,096 crore, registering an 8.3% growth
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FAQ :

In March 2026, the total gross GST collection reached £2,00,064 crore.

GST collections in March 2026 showed an 8.8% year-on-year growth compared to March 2025.

For the financial year 2025-26, the total gross GST collections amounted to £22,27,096 crore.

GST collected from imports saw a sharp increase of 17.8% in March 2026.

Total GST refunds in March 2026 rose by 13.8% year-on-year, with domestic refunds surging by 31.2%.

Maharashtra, Karnataka, Telangana, and Gujarat reported consistent increases in GST collections. Sikkim and Tripura also recorded high percentage growth.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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