July GST Collections Jump 15.4% to Rs 2.11 Lakh Crore, Driven by Import Growth

Taxation

2 August 2026 at 3:33 am

July GST Collections Jump 15.4% to Rs 2.11 Lakh Crore, Driven by Import Growth

HyperFast News

Summary

India's Goods and Services Tax (GST) collections increased by 15.4% to Rs 2.11 lakh crore in July, driven largely by a 29% jump in integrated GST on imports. This growth also reflects strong economic activity and higher commodity prices, with net collections after refunds rising by 15.8%.

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