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Everything that happened in July GST Collections

July GST Collections

Business · 5 reports · 4 sources · Updated 7h ago

The story so far

July GST Collections

Tracked across 4 sources · Updated 7h ago

India's July 2026 GST collections rose 15.4% year-on-year to Rs 2.11 lakh crore, marking a 14-month high and crossing Rs 2 lakh crore for the second time in FY27. Growth was driven by strong import tax collections and double-digit domestic growth.

How it unfolded

  1. 10h ago

    GST regime enters 10th year with record July

  2. 1d ago

    Monthly gross GST crosses Rs 2.11 lakh crore

  3. 1d ago

    GST collections hit 14-month high in July

What happened earlier

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GST collections cross ₹2.11 lakh crore in July

in5points

  1. India's gross GST collections in July 2026 crossed ₹2.11 lakh crore, a 15.4% year-on-year increase from ₹1,83,065 crore in July 2025.

  2. Collections from domestic transactions rose 10.1% to ₹1,44,695 crore, while import-related collections jumped 28.8% to ₹66,511 crore.

  3. Net GST collection after refunds stood at ₹1,81,237 crore in July 2026, up 15.8% from ₹1,56,570 crore in the same month last year.

  4. Total refunds issued rose 13.1% to ₹29,968 crore from ₹26,495 crore a year earlier.

  5. Experts attribute the rise to economic resilience and increased industrial production, but note concerns about high import GST collections reflecting a gap in domestic manufacturing capability.

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7h ago

Earlier · 1d ago

Full story →

GST collections hit 14-month high in July, cross Rs 2 lakh crore for second time in FY27

in5points

  1. Gross GST collections rose 15.4% year-on-year to Rs 2.11 lakh crore in July, a 14-month high.

  2. Collections crossed Rs 2 lakh crore for the second time in FY27.

  3. Growth was driven by strong import tax collections and double-digit growth in domestic revenues.

1d ago

Earlier · 13h ago

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July GST collections up 15.4% to Rs 2.1 L cr on higher imports

in5points

  1. GST collections rose 15.4% to Rs 2,11,205 crore in July, the second highest since the new structure was implemented last September.

  2. A 29% jump in integrated GST (IGST) on imports drove the collections, attributed to higher crude and commodity prices amid the West Asia conflict.

  3. Central GST mop-up increased 12.3% to just under Rs 40,000 crore, while state GST grew 8.7% to nearly Rs 48,000 crore.

  4. Net collections after refunds (up 13% to nearly Rs 30,000 crore) rose 15.8% to Rs 1,81,237 crore.

  5. Haryana logged the highest growth of 28%, followed by Gujarat, Puducherry, Karnataka, Goa, and Maharashtra, while Chhattisgarh saw a 23% fall.

13h ago