GST collections rise 9 pc to over Rs 2 lakh cr in March, third highest in FY26
GST
Dated:- 1-4-2026
PTI
New Delhi, Apr 1 (PTI) GST revenues grew about 9 per cent in March, scaling to the pre-tax cut level of over Rs 2 lakh crore, the third highest monthly collection in the 2025-26 fiscal, buoyed by mop-ups from imports as well as domestic sales and purchases, government data showed on Wednesday.
Gross domestic revenues rose 5.9 per cent to over Rs 1.46 lakh crore, while those from imports grew 17.8 per cent to Rs 53,861 crore during the month.
The gross Goods and Services Tax (GST) mop-up was Rs 1.83 lakh crore in March 2025.
March 2026 saw the third-highest collection in the 2025-26 fiscal (April-March), with April
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uary, it was over Rs 1.83 lakh crore.
Refund issuance during March rose 13.8 per cent to Rs 22,074 crore, the latest data showed.
After adjusting refunds, net GST revenues in March stood at about Rs 1.78 lakh crore, up 8.2 per cent year-on-year.
Deloitte India Partner M S Mani said while these collections indicate that the consumption sentiment continues to be strong, it is interesting to see that the 8 per cent plus growth in the gross GST collections has been significantly helped by the very strong collections in the import GST numbers.
“There has been a significant increase in imports, which has contributed to the GST collections on imports; this would also have led to a significant increase in the customs duty collection
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