 "GST Council, Goods and Services Tax, GST Revamp, GST rates")
Goods and Services Tax (GST) refunds increased 6.5 per cent year-on-year to ₹27,934 crore in October
Gross GST collections increased 23 per cent to over ₹2.31 trillion in October, driven by strong mop-up from domestic activities and imports, according to government data released on Sunday.
Gross GST collections from domestic sales rose 16 per cent to over ₹1.59 trillion, and revenues from imports climbed 42 per cent to ₹72,246 crore.
The ₹2.31 trillion collection includes Central GST mop-up of 42,935 crore, State GST of ₹51,340 crore and Integrated GST of over ₹1.37 trillion, data showed.
Goods and Services Tax (GST) refunds increased 6.5 per cent year-on-year to ₹27,934 crore in October.
After adjusting for refunds, net GST collections rose 26 per cent to over ₹2.03 trillion in October.
During April-October, gross GST collection grew 13.2 per cent to over ₹14.77 trillion. Net collections rose 13 per cent to over ₹12.69 trillion.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First Published: Nov 01 2026 | 1:11 PM IST
