NEW DELHI, November 1: India’s gross GST collections rose 22.9% to ₹2,31,290 crore in October as revenue from imports jumped 42.2%, according to provisional figures published on the GST portal on Sunday. Net collections after refunds rose 25.6% to ₹2,03,356 crore. Domestic revenue grew a steadier 15.8%.
Key highlights
- Gross GST: ₹2,31,290 crore in October 2026, against ₹1,88,125 crore a year earlier (+22.9%).
- Import revenue (IGST on imports): ₹72,246 crore, up 42.2%; gross domestic revenue: ₹1,59,044 crore, up 15.8%.
- Refunds rose 6.5% to ₹27,934 crore; net GST rose 25.6% to ₹2,03,356 crore.
- April–October gross collections: ₹14,77,569 crore, up 13.2%; net: ₹12,69,486 crore, up 12.6%.
- Maharashtra collected ₹35,150 crore (+13%); Uttar Pradesh, Andhra Pradesh and Bihar each grew 24%, and Assam 47%.
The October numbers
| Item (₹ crore) | October 2025 | October 2026 | Growth |
|---|---|---|---|
| CGST | 36,547 | 42,935 | +17.5% |
| SGST | 45,134 | 51,340 | +13.8% |
| IGST (domestic) | 55,647 | 64,769 | +16.4% |
| Gross domestic revenue | 1,37,328 | 1,59,044 | +15.8% |
| Gross import revenue (IGST) | 50,796 | 72,246 | +42.2% |
| Total gross GST | 1,88,125 | 2,31,290 | +22.9% |
| Total refunds | 26,225 | 27,934 | +6.5% |
| Total net GST | 1,61,900 | 2,03,356 | +25.6% |
The published table covers CGST, SGST and IGST; it does not include cess. Domestic refunds rose 9.8% to ₹14,007 crore, while export refunds processed through customs rose 3.4% to ₹13,927 crore. Net domestic revenue was ₹1,45,037 crore (+16.4%) and net revenue from imports ₹58,319 crore (+56.2%). Because monthly returns are filed by the 20th of the following month, October collections largely reflect business activity in September.
The year so far
| April–October (₹ crore) | 2025-26 | 2026-27 | Growth |
|---|---|---|---|
| Gross domestic revenue | 9,61,790 | 10,33,411 | +7.4% |
| Gross import revenue | 3,43,423 | 4,44,158 | +29.3% |
| Total gross GST | 13,05,213 | 14,77,569 | +13.2% |
| Total refunds | 1,77,982 | 2,08,083 | +16.9% |
| Total net GST | 11,27,355 | 12,69,486 | +12.6% |
How the states did
| State | October 2026 (₹ crore) | Growth |
|---|---|---|
| Maharashtra | 35,150 | +13% |
| Karnataka | 15,922 | +18% |
| Gujarat | 13,516 | +16% |
| Tamil Nadu | 11,661 | +3% |
| Haryana | 11,529 | +17% |
| Uttar Pradesh | 10,235 | +24% |
| Delhi | 9,298 | +10% |
| West Bengal | 6,055 | +17% |
| Telangana | 5,958 | +14% |
| Rajasthan | 4,937 | +16% |
| Andhra Pradesh | 4,307 | +24% |
| Madhya Pradesh | 3,768 | +29% |
Assam (+47%), Meghalaya (+35%), Jharkhand (+31%) and Jammu and Kashmir (+29%) were among the fastest-growing. A few smaller states and UTs collected less than a year earlier, including Sikkim (−28%), Ladakh (−20%), Puducherry (−7%) and Himachal Pradesh (−2%). After the settlement of IGST, the states’ total SGST revenue for October rose 13% to ₹1,03,341 crore.
Our calculation
- Imports drove half the increase: gross GST rose by ₹43,165 crore; import revenue accounted for ₹21,450 crore of that, almost exactly half.
- A bigger import share: imports made up 31.2% of gross GST in October, up from 27.0% a year earlier.
- October beat the trend: domestic revenue grew 15.8% in October, more than double its 7.4% pace for April–October.
- Refunds were moderate: refunds equalled 12.1% of gross collections, compared with 13.9% a year earlier.
- Maharashtra’s weight: the state alone contributed 22.1% of domestic GST.
What it means
The October figure gives the government a strong month for its revenue arithmetic, but the mix matters. Import-linked revenue tends to rise with the value of imports — including higher-priced fuel and electronics — and does not by itself signal stronger domestic demand. The 15.8% rise in domestic revenue is the more useful indicator of business activity, and it is well above the year-to-date average. Broad-based gains in large states such as Uttar Pradesh, Karnataka and Gujarat suggest the improvement is not confined to one region.
What to watch
- November collections, due on December 1, which will capture October’s festive-season sales ahead of Diwali.
- Whether domestic growth holds near 15% or slips back towards the year-to-date average.
- Import revenue as oil prices and electronics imports move.
- The pace of refunds to exporters.
File photo: Union Finance Minister Nirmala Sitharaman. Image: Ministry of Finance / Press Information Bureau, Government Open Data Licence – India, via Wikimedia Commons. Photo source · Licence
Sources
- Goods and Services Tax Network: Gross and net GST revenue collections for October 2026 (notice)
- Goods and Services Tax Network: GST revenue report, October 2026 (PDF)
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