India's GST Revenue Hits Rs 1.83 Lakh Crore in February 2026
Synopsis
Key Takeaways
Mumbai, March 1 (NationPress) The total Gross Goods and Services Tax (GST) collection in India surged to Rs 1.83 lakh crore in February 2026, reflecting an impressive 8.1 percent increase from the previous month, as per the official figures released on Sunday.
As a result, the cumulative gross GST revenue for the financial year 2025-26 reached Rs 20.27 lakh crore by February 28, showing an 8.3 percent year-on-year growth.
In February, the total refunds amounted to Rs 22,595 crore, which is a 10.2 percent increase compared to the same month last year.
After accounting for refunds, the net GST revenue for the month stood at Rs 1.61 lakh crore, according to the data.
The gross domestic GST revenue recorded Rs 1.36 lakh crore, indicating a 5.3 percent rise. Notably, import revenue showed robust growth, with collections reaching Rs 47,837 crore, marking an increase of 17.2 percent.
Conversely, net cess revenue experienced a significant drop, falling to Rs 5,063 crore from Rs 13,481 crore in February of the previous year, the data indicated.
The state-wise post-settlement GST revenues displayed varied trends. While industrialized states reported strong growth, some smaller and resource-dependent states experienced a decline in their collections.
Maharashtra contributed the most to the GST collection with Rs 10,286 crore in pre-settlement revenue. Following it, Karnataka and Gujarat were the next significant contributors.
Several states, including Himachal Pradesh, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, Uttar Pradesh, Bihar, Maharashtra, Karnataka, Tamil Nadu, Sikkim, and Arunachal Pradesh, recorded positive growth in their post-settlement State GST (SGST) revenues.
In contrast, states like West Bengal, Jharkhand, Odisha, Chhattisgarh, Madhya Pradesh, Tripura, and Jammu and Kashmir saw a decline in SGST revenue growth.
An expert noted, "The upward trend in gross GST collections post-GST 2.0 illustrates the resilience of the economy, supported by consistent demand."
Furthermore, he added, "Consumption-driven states have shown relatively higher growth than others. This data suggests that GST has entered a phase of stable and predictable growth, which is encouraging. The stronger performance in imports signifies a vibrant cross-border trade environment."