GST collections surge 22.9% to Rs 2.31 lakh crore in October, fastest in 4 years

India's gross GST collections rose 22.9% year‑on‑year to Rs 2.31 lakh crore in October 2026, the fastest growth in over four years. Domestic GST revenue increased 15.8% to Rs 1.59 lakh crore, while import‑related GST surged 42.2% to Rs 72,246 crore. Net GST revenue reached Rs 2.03 lakh crore, and refunds grew 6.5% to Rs 27,934 crore.

Source: GST collections surge 22.9% to Rs 2.31 lakh crore in October, fastest in 4 years — Times Now

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Topics: gst · indian economy · business · taxes · india