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GST collections stay on track, rise 15% in July
India's July GST collections surpassed ₹2.11 lakh crore, showing a 15.4% year-on-year increase. Import GST surged significantly, contributing to the overall robust revenue growth. Domestic consumption also showed resilience, reflecting steady household spending and industrial activity. Manufacturing states reported increased GST collections, despite higher refund payouts. Experts noted the import-driven growth warrants further examination of its underlying causes.
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economictimes.indiatimes.com
India's gross GST collections rise 15.4% to Rs 2.11 lakh crore in July
India's GST collections reached Rs 2.11 lakh crore in July 2026, reflecting a 15.4% growth year-on-year. The surge in revenue was largely driven by strong domestic performance,…
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timesofindia.indiatimes.com
GST collections jump 15.4% to over Rs 2.11 lakh crore in July
NEW DELHI: India's gross Goods and Services Tax (GST) collections rose 15.4 per cent year-on-year to over Rs 2.11 lakh crore in July, driven by higher revenues from both domestic…
