India's gross GST collection rises 8.1% YoY to over Rs 1.83 lakh crore - Details
GST collection February 2026: India's gross Goods and Services Tax (GST) collection rose by 8.1 per cent year-on-year on a basis to Rs 1.83 lakh crore in February 2026, according to official data released on Sunday, March 1.
With this, the total gross GST revenue for the financial year 2025-26 stood at Rs 20.27 lakh crore as of February 28, registering a YoY growth of 8.3 per cent.
During February, total refunds stood at Rs 22,595 crore, up by 10.2 per cent YoY. After adjusting for refunds, the net GST revenue for the month came in at Rs 1,61,014 crore, marking a year-on-year rise of 7.9 per cent, acccording to the data.
The gross domestic GST revenue stood at Rs 1.36 lakh crore, registering a growth of 5.3% while the Gross Import Revenue stood at Rs 47,837 crore, reporting an increase of 17.2 per cent last month.
Meanwhile, revenue from imports showed stronger growth, with collections reaching Rs 47,837 crore, up 17.2 per cent. However, net cess revenue declined sharply to Rs 5,063 crore, compared to Rs 13,481 crore in February last year, the data showed.
State-wise GST revenues post-settlement GST saw a mixed trend. Industrialised states reported solid growth, while some smaller and resource-dependent states witnessed a decline in collections.
Maharashtra highest GST contribution in February 2026
Maharashtra made the highest contribution to the GST kitty with Rs 10,286 crore in pre-settlement revenue. Karnataka and Gujarat followed as the next major contributors.
Several states recorded positive growth in post-settlement State GST (SGST) revenues, including Himachal Pradesh, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, Uttar Pradesh, Bihar, Maharashtra, Karnataka, Tamil Nadu, Sikkim and Arunachal Pradesh.
States such as West Bengal, Jharkhand, Odisha, Chhattisgarh, Madhya Pradesh, Tripura and Jammu and Kashmir saw a contraction in SGST revenue growth, the data revealed.
Vivek Jalan, Partner at Tax Connect Advisory Services, A Multi-disciplinary PAN India Taxation Firm, said, "The 7.8% growth in GDP in Q3 FY26 and upward revision of FY 25-26 GDP growth to 7.6% shows that the Indian economy is strong, stemming from robust domestic consumption, cautious fiscal handling, and reforms that have been building over time. The impact of GST 2.0 is clearly showing on the domestic consumption, the uptick of which has kept the February 2026 Net GST collections from Domestic consumption at Rs.1.25 Trillion, growing against Feb’25 by 6.2%, even after the reduced GST Rates from September 2025; if we incorporate in the impact of the GST 2.0 Rate reduction, the YoY growth would be even more."
"The Year-to-Date GST numbers also reflect on the robustness of the Indian Economy in as much that even after rate rationalization under GST 2.0, the Net GST Collections from Domestic consumption is standing at Rs 13.37 Trillion, which is still a growth of 4.9% as against Rs.12.75 Trillion achieved in FY 24-25," the analyst added.
