India's Gross Goods and Services Tax Collections Reach ₹2.31 Lakh Crore in October 2026

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

Key facts

India's gross Goods and Services Tax (GST) collections rose 22.9% year-on-year to ₹2,31,290 crore in October 2026.
The October 2026 collection is the second-highest monthly figure recorded since the implementation of the GST regime in July 2017.
Import-linked GST collections increased by 42.2% year-on-year to ₹72,246 crore.
Collections from domestic transactions grew by 15.8% to reach ₹1,59,044 crore.
Net GST collections for October 2026 stood at ₹2,03,356 crore after accounting for refunds of ₹27,934 crore.