Daijiworld Media Network - Mumbai

Mumbai, Mar 1: India’s gross Goods and Services Tax (GST) collections climbed to Rs 1.83 lakh crore in February 2026, marking an 8.1 per cent increase over January, according to official data released on Sunday. With this, the total gross GST revenue for the financial year 2025 26 reached Rs 20.27 lakh crore as of February 28, reflecting an 8.3 per cent year-on-year growth.

During the month, total GST refunds amounted to Rs 22,595 crore, up 10.2 per cent compared to February last year. After adjusting for refunds, the net GST revenue stood at Rs 1.61 lakh crore. Domestic GST collections contributed Rs 1.36 lakh crore, up 5.3 per cent, while import-related revenue surged 17.2 per cent to Rs 47,837 crore. However, net cess collections fell sharply to Rs 5,063 crore from Rs 13,481 crore in February 2025.

State-wise post-settlement GST revenues showed a mixed trend. Industrialised states such as Maharashtra, Karnataka, and Gujarat led contributions, with Maharashtra topping the list with Rs 10,286 crore in pre-settlement revenue. Several states, including Himachal Pradesh, Delhi, Uttar Pradesh, Bihar, Tamil Nadu, and Arunachal Pradesh, reported positive growth in post-settlement SGST collections. Conversely, West Bengal, Jharkhand, Odisha, Chhattisgarh, Madhya Pradesh, Tripura, and Jammu & Kashmir saw a decline.

Experts attributed the steady increase to the resilience of the economy and sustained consumption demand. “Gross GST collections are showing a consistent rise after GST 2.0, highlighting stable and predictable growth. Strong growth in imports indicates buoyancy in cross-border trade activities,” said analysts.

The February numbers indicate continued momentum in consumption-driven states and signal overall stability in India’s indirect tax revenues as the fiscal year progresses.