Economy, Banking and Finance · 1 October 2026

Gross Goods and Services Tax (GST) collections top ₹2 lakh crore in September 2026 with 14.7% annual growth

Exam-focused facts from the 1 October 2026 current affairs briefing.

Key facts

  • Gross GST collections stood at ₹2,03,521 crore in September 2026, up 14.7% year-on-year from ₹1,77,365 crore in September 2025.
  • Net GST revenue after refunds rose 18.1% to ₹1,76,520 crore in September 2026, from ₹1,49,517 crore in September 2025.
  • Refunds in September 2026 stood at ₹27,001 crore, down 3% from ₹27,848 crore in September 2025.
  • Gross GST revenue from domestic business activities grew 10.1% to ₹1,37,996 crore, while import-linked gross revenue surged 25.9% to ₹65,525 crore in September 2026.
  • Cumulative gross GST collections in April-September 2026 rose 11.6% to over ₹12.46 lakh crore, compared with ₹11.17 lakh crore in the corresponding period of 2025-26.

View this story in the full daily briefing

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