India’s gross Goods and Services Tax (GST) collection reached Rs 1.83 lakh crore in February 2026, marking an 8.1% increase from the previous month. The total gross GST revenue for the financial year 2025-26 stood at Rs 20.27 lakh crore as of February 28, showing an 8.3% year-on-year growth. In February, total refunds amounted to Rs 22,595 crore, up by 10.2% compared to the same month last year.
After adjusting for refunds, the net GST revenue for the month was Rs 1.61 lakh crore. The gross domestic GST revenue was Rs 1.36 lakh crore, indicating a 5.3% rise. Revenue from imports showed a stronger growth, with collections reaching Rs 47,837 crore, up by 17.2%. However, net cess revenue declined sharply to Rs 5,063 crore from Rs 13,481 crore in February last year.
State-wise post-settlement GST revenues showed a mixed trend, with industrialized states reporting solid growth while some smaller and resource-dependent states experienced a decline in collections. Maharashtra contributed the most to the GST revenue with Rs 10,286 crore in pre-settlement revenue, followed by Karnataka and Gujarat. Several states saw 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.
Conversely, states like West Bengal, Jharkhand, Odisha, Chhattisgarh, Madhya Pradesh, Tripura, and Jammu and Kashmir witnessed a contraction in SGST revenue growth. An expert noted that gross GST collections are steadily increasing post GST 2.0, indicating economic resilience supported by sustained demand. The data suggests stable and predictable growth in GST, with higher growth in imports signaling buoyancy in cross-border trade activities.
