India's Gross GST Collections Rose 22.9 Per Cent to Rs 2.31 Lakh Crore in October 2026, the Fastest Growth of the Financial Year, and the States' Receipts Grew 13 Per Cent

India’s gross Goods and Services Tax (GST) collections for October 2026 were Rs 2,31,290 crore (about Rs 2.31 trillion), 22.9 per cent above the Rs 1,88,125 crore of October 2025, according to the provisional report that the GST Network published on 1 November 2026. After refunds of Rs 27,934 crore, net revenue was Rs 2,03,356 crore, up 25.6 per cent from Rs 1,61,900 crore. PTI, reporting the government data, called it the second month in a row above Rs 2 lakh crore and the fastest pace of growth in the current financial year, and said only April’s collection of about Rs 2.43 lakh crore has been higher. Deccan Herald gives the same ranking.

The October total is also 13.6 per cent above September’s Rs 2,03,521 crore, a comparison tuput worked out from the two monthly reports on the GST portal. The October report is dated as on 31 October 2026 and says its numbers are provisional and may vary slightly when finalised. Everything below is as of 5 November 2026.

What the Rs 2.31 lakh crore is made of

The report splits the total into four parts. Central GST (CGST) was Rs 42,935 crore and State GST (SGST) Rs 51,340 crore. Integrated GST (IGST), the tax on trade between states and on imports, came to Rs 64,769 crore on domestic transactions and Rs 72,246 crore on imports. Together those make Rs 2,31,290 crore. The report has no row for a cess, the extra levy that once sat on top of GST on goods such as tobacco; the end of that cess is covered in how GST works.

Gross domestic revenue rose 15.8 per cent to Rs 1,59,044 crore from Rs 1,37,328 crore. Revenue from imports rose 42.2 per cent to Rs 72,246 crore from Rs 50,796 crore.

Refunds grew more slowly than collections

Refunds paid in October were Rs 27,934 crore, up 6.5 per cent from Rs 26,225 crore. Domestic refunds were Rs 14,007 crore, up 9.8 per cent, and refunds paid through ICEGATE, the customs system, were Rs 13,927 crore, up 3.4 per cent. Because refunds grew at under a third of the pace of gross collections, net revenue grew faster than gross, at 25.6 per cent.

Net domestic revenue was Rs 1,45,037 crore, up 16.4 per cent from Rs 1,24,567 crore. Net customs GST revenue, which is the import IGST left after refunds, was Rs 58,319 crore, up 56.2 per cent from Rs 37,333 crore.

April to October 2026

For the first seven months of 2026-27, gross collections were Rs 14,77,569 crore, up 13.2 per cent from Rs 13,05,213 crore in April to October 2025. Net revenue for the period was Rs 12,69,486 crore, up 12.6 per cent from Rs 11,27,355 crore. The month’s growth rate compares with 14.7 per cent in September, from the September report, and 8.7 per cent in April, which Goodreturns reported as a record Rs 2,42,702 crore.

Advisers quoted by PTI read the month as a festive-season one. Manoj Mishra of Grant Thornton Bharat said October captures the festive demand cycle of higher spending and movement of goods. Saurabh Agarwal of EY India said the figures reflect the economy’s resilience despite global headwinds. Mahesh Jaising of Deloitte said revenue has held up despite the rate cuts of September 2025. The GST report itself is a table of totals and does not state causes, so these are the advisers’ readings. For the wider economic picture, see the April to June 2026 growth figures.

How the 22.9 per cent is measured

The comparison month was restated. The Press Information Bureau’s backgrounder of 3 November 2025 gave gross collections for October 2025 as Rs 1,95,936 crore, a 4.6 per cent rise at the time, of which Rs 7,812 crore was cess. Its other three components (CGST Rs 36,547 crore, SGST Rs 45,134 crore, IGST Rs 1,06,443 crore) add up to Rs 1,88,124 crore. The October 2026 report uses Rs 1,88,125 crore as its base, so both months are counted without cess. EconoTimes noted the one-crore difference, which the published figures do not explain.

Measured against the Rs 1,95,936 crore originally published, October 2026 is 18.0 per cent higher, as EconoTimes also worked out. That compares months with different cess treatment, so the GST Network’s 22.9 per cent is the like-for-like figure. The 2025 base month also followed the rate changes of 22 September 2025, which the PIB backgrounder describes as the rate rationalisation then under way.

Imports grew faster than domestic sales

Import IGST rose 42.2 per cent, against 15.8 per cent for domestic revenue. The report gives no split by commodity, and none of the coverage opened for this article cites an official reason for the import figure, so tuput does not offer one. Nitin Vijaivergia of Price Waterhouse, quoted in the PTI report, read the 15.8 per cent domestic growth as a sign of healthy consumption and economic activity.

What the states received

Because GST is shared, the report also counts what reached the states and Union territories. SGST collected directly was Rs 51,340 crore, up 14 per cent from Rs 45,134 crore. After the Centre settled each state’s share of IGST, states and Union territories received Rs 1,03,341 crore in October, up 13 per cent from Rs 91,358 crore. For April to October the post-settlement total is Rs 6,82,142 crore, up 15 per cent from Rs 5,91,353 crore. How that split is set is explained in the Finance Commission piece.

The state table, which counts domestic revenue only and leaves out import IGST, shows growth in most states and Union territories. Maharashtra collected Rs 35,150 crore (up 13 per cent), Karnataka Rs 15,922 crore (up 18 per cent), Gujarat Rs 13,516 crore (up 16 per cent), Tamil Nadu Rs 11,661 crore (up 3 per cent) and Haryana Rs 11,529 crore (up 17 per cent). Uttar Pradesh rose 24 per cent to Rs 10,235 crore, Bihar 24 per cent, Andhra Pradesh 24 per cent and Assam 47 per cent, to Rs 1,934 crore. Four smaller jurisdictions recorded lower domestic revenue than a year earlier: Sikkim (down 28 per cent), Ladakh (down 20 per cent), Puducherry (down 7 per cent) and Himachal Pradesh (down 2 per cent).

The Council meeting that preceded it

The 57th GST Council met on 8 October 2026. The Press Information Bureau’s release says that, after the rate cuts of the 56th meeting in 2025, this meeting made recommendations on process: registration, returns, refunds and adjudication, with faster, system-based refund processing among them.