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GST collections in August nears ₹2 lakh crore: Govt data

The gross GST collection in August 2026 was ₹1,99,853 crore as against ₹1,74,116 crore in August 2025.

GST collections in August nears ₹2 lakh crore: Govt data

India's gross Goods and Services Tax collections in August neared ₹2 lakh crore, marking a 14.8% increase compared to the same month last year, according to government data. Despite a 68% annualized jump in refunds and higher imports, the total collection for August 2026 stood at ₹1,99,853 crore, up from ₹1,74,116 crore in August 2025.

The net collection after refunds was ₹1,68,057 crore, reflecting an 8.3% growth. Experts suggest that monthly GST collections have stabilized around this figure after significant rate rationalization last September, urging the government to focus on process simplification and ease of doing business. The GST Council, scheduled to meet on September 12, will consider proposals for further ease of compliance.

Written by urgent.news from Hindustan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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