India's gross GST collections rise 15.4% to Rs 2.11 lakh crore in July

India's gross Goods and Services Tax (GST) collections rose 15.4% year-on-year to Rs 2.11 lakh crore in July 2026, driven by robust domestic revenues and a sharp increase in tax collections from imports, according to the government's monthly GST revenue report released on Saturday.

Gross domestic GST revenue increased 10.1% to Rs 1.45 lakh crore from Rs 1.31 lakh crore in July 2025. GST revenue from imports rose 28.8% to Rs 66,511 crore, taking the total gross GST collections for the month to Rs 2.11 lakh crore.

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The latest GST collections suggest that domestic consumption and business activity remained steady despite geopolitical tensions in West Asia, with higher domestic and import-related tax collections supporting overall revenue growth.



The report also showed that GST refunds continued to rise. Total refunds increased 13.1% year-on-year to Rs 29,968 crore, with export-related refunds processed through ICEGATE rising 22.7% to Rs 12,288 crore.

After adjusting for refunds, net GST revenue stood at Rs 1.81 lakh crore, marking a 15.8% increase over July 2025. Net domestic revenue rose 10.5% to Rs 1.27 lakh crore, while net customs GST revenue jumped 30.3% to Rs 54,223 crore.

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Pratik Jain, Partner, Price Waterhouse & Co LLP, said, “post GST 2.0, a steady 7–8% monthly growth seems to be emerging as the norm which is broadly in line with budget estimates. Notably, growth in import-led revenues continues to outpace domestic transactions, which could indicate some softness in consumption—possibly reflecting a moderation in discretionary spending amid ongoing geopolitical uncertainties.”

For the first four months of the current financial year (April-July), gross GST collections rose 10.1% to Rs 8.43 lakh crore, compared with Rs 7.66 lakh crore in the corresponding period of the previous year. Net GST collections during the period increased 9.2% to Rs 7.21 lakh crore.

Among the larger states, Haryana recorded the highest year-on-year growth in July GST collections at 25%, followed by Gujarat and Telangana at 19% each. Punjab and Kerala posted growth of 16%, while Uttar Pradesh registered a 15% increase. Maharashtra, the country's largest contributor to GST revenues, saw collections rise 13%, while Karnataka recorded 12% growth and Delhi posted an 8% increase.

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Some states, however, reported lower collections compared with a year ago. Himachal Pradesh recorded a 22% decline, Uttarakhand fell 18%, Puducherry was down 17%, Madhya Pradesh declined 10%, Andhra Pradesh slipped 5%, and Tamil Nadu recorded a marginal 1% fall.