India’s GST collections rise 6.2% to ₹1.93 lakh crore in January

India’s goods and services tax (GST) collections reached ₹1,93,384 crore in January, up 6.2% from the same month last year, the government said on Sunday, supported by strong domestic activity and healthy growth in import revenues.

Gross GST collections were ₹1,82,094 crore in January 2025.




On a year-to-date basis (April–January 2025–26), gross collections rose to ₹18,43,423 crore, marking a robust 8.3% annual growth.

The net GST revenue for January stood at ₹1,70,719 crore, up 7.6% from the same month last year. Year-to-date net revenue reached ₹15,95,752 crore, an annual growth of 6.8%.

Also Read: India's April-December fiscal deficit at Rs 8.55 lakh crore, narrows on-year to 54.5% of FY26 aim

Refunds saw mixed trends, with total refunds recorded at ₹22,665 crore for January, a slight decline of 3.1% year-on-year. Domestic refunds fell 7.1% to ₹13,119 crore, while export refunds grew 2.9% to ₹9,546 crore.

Domestic GST collections showed steady growth, rising 4.8% year-on-year to ₹1,41,132 crore. Import GST collections remained strong, with gross import revenue at ₹52,253 crore, up 10.1% from January 2025.

The compensation cess, continuing as a transitional measure, dropped sharply to ₹5,768 crore, down from ₹13,009 crore last year, a decline of 55.6%.

State-wise post-settlement GST revenues showed a mixed picture. Industrialised states posted solid gains, while smaller regions experienced contractions:

Positive growth: Haryana (27%), Maharashtra (15%), Gujarat (13%), Himachal Pradesh (18%), Punjab (12%)

Moderate growth: Tamil Nadu (5%), Karnataka (7%), Uttar Pradesh (2%), Delhi (3%), West Bengal (1%)

Declines: Madhya Pradesh (-15%), Jharkhand (-6%), Odisha (-10%), Chhattisgarh (-23%), Ladakh (-30%), Lakshadweep (-30%)

Union Territories displayed varied performance, with Chandigarh up 15%, Puducherry up 11%, while Lakshadweep saw a sharp 30% decline.