India's October Gross GST collections jump 22.9% to Rs 2.31 lakh crore

The Indian government collected Rs 2.31 lakh crore as gross goods and services tax (GST) in October, up 22.9% from the same month last year, according to official data released on Sunday.

The cumulative gross GST collection for the first seven months of this fiscal (April-October) stood at Rs 14.78 lakh crore, registering a growth of 13.2% year-on-year.

Gross domestic revenue rose 15.8% to Rs 1.59 lakh crore in October, while revenue from imports jumped 42.2% to Rs 72,246 crore.


Refunds during the month increased 6.5% year-on-year to Rs 27,934 crore.

In the October collection, Central GST (CGST) amounted to Rs 42,935 crore, State GST (SGST) stood at Rs 51,340 crore, while Integrated GST (IGST) was Rs 1.37 lakh crore.

Total net GST revenue, after adjusting for refunds, rose 25.6% to Rs 2.03 crore. Net domestic revenue increased 16.4% to Rs 1.45 crore, while net revenue from imports grew 56.2% to Rs 58,319 crore.

Among major states, Maharashtra recorded the highest GST revenue at Rs 35,150 crore in October, up 13% from Rs 31,013 crore a year earlier. Karnataka followed with collections of Rs 15,922 crore, registering 18% growth, while Gujarat's GST revenue rose 16% to Rs 13,516 crore.

Uttar Pradesh recorded a 24% increase in GST revenue to Rs 10,235 crore in October from Rs 8,283 crore a year earlier. Haryana's collections rose 17% to Rs 11,529 crore, while Delhi reported 10% growth to Rs 9,298 crore. Punjab's GST revenue increased 25% to Rs 2,856 crore.

Assam recorded the strongest growth among larger states, with GST collections jumping 47% year-on-year to Rs 1,934 crore from Rs 1,315 crore. Jharkhand followed with a 31% increase to Rs 2,821 crore, while Madhya Pradesh's collections rose 29% to Rs 3,768 crore.

Kerala recorded 23% growth in GST revenue to Rs 3,486 crore, while West Bengal's collections increased 17% to Rs 6,055 crore. Telangana reported 14% growth to Rs 5,958 crore, and Andhra Pradesh's revenue rose 24% to Rs 4,307 crore.

Several states reported a decline in GST collections during October. Sikkim saw the sharpest fall, with revenue dropping 28% to Rs 221 crore. Ladakh's collections declined 20% to Rs 63 crore, while Puducherry recorded a 7% fall to Rs 179 crore. Himachal Pradesh reported a marginal 2% decline to Rs 704 crore.

Tamil Nadu's GST revenue increased 3% year-on-year to Rs 11,661 crore, while Odisha's collections rose 10% to Rs 4,744 crore. Rajasthan recorded 16% growth to Rs 4,937 crore, and Bihar's revenue increased 24% to Rs 1,827 crore.