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GST Collections Hit Rs 1.83 Lakh Crore in Feb, Up 8.1% YoY

India's gross GST revenue for February 2026 rose to Rs 1.83 lakh crore, showing an 8.1% year-on-year increase. The cumulative collection for the financial year 2025-26 has reached Rs 20.27 lakh crore, reflecting steady economic growth. State-wise data shows Maharashtra as the largest contributor, while revenue from imports saw strong growth of 17.2%. Analysts note the collections indicate a phase of stable and predictable growth for the GST regime.

Key Points: GST Revenue Rises 8.1% to Rs 1.83 Lakh Crore in February

  • Feb collections at Rs 1.83 lakh crore
  • 8.3% YoY growth for FY25-26
  • Import revenue up 17.2%
  • Maharashtra top contributor
2 min read

GST collections rise 8.1 pc to Rs 1.83 lakh crore in February

India's GST collections for February 2026 reach Rs 1.83 lakh crore, marking 8.1% growth. FY25-26 total crosses Rs 20 lakh crore with 8.3% YoY increase.

GST collections rise 8.1 pc to Rs 1.83 lakh crore in February
"Gross GST collections are showing a steady increase after GST 2.0, reflecting resilience in economy backed by sustained demand - Expert"

Mumbai, March 1

India's gross Goods and Services Tax collection rose to Rs 1.83 lakh crore in February 2026, registering an 8.1 per cent increase compared to the previous month, according to official data released on Sunday.

With this, the total gross GST revenue for the financial year 2025-26 stood at Rs 20.27 lakh crore as of February 28 -- marking an 8.3 per cent year-on-year growth.

During February, total refunds amounted to Rs 22,595 crore, up 10.2 per cent compared to the same month last year.

After adjusting refunds, the net GST revenue for the month came in at Rs 1.61 lakh crore, as per the data.

The gross domestic GST revenue stood at Rs 1.36 lakh crore, reflecting a 5.3 per cent rise. 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 post-settlement GST revenues presented a mixed trend. Industrialised states reported solid growth, while some smaller and resource-dependent states witnessed a decline in collections.

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.

On the other hand, states such as West Bengal, Jharkhand, Odisha, Chhattisgarh, Madhya Pradesh, Tripura and Jammu and Kashmir saw a contraction in SGST revenue growth.

"Gross GST collections are showing a steady increase after GST 2.0, reflecting resilience in economy backed by sustained demand," an expert stated.

"Many consumption States have had relatively higher growth than others. The data indicates that GST has entered into a phase stable and predictable growth, which is encouraging to see. Higher growth on imports indicates buoyancy in cross border trade activities," according to the analyst.

- IANS

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Reader Comments

S
Shreya B
Good to see growth, but the sharp decline in cess revenue is worrying. That money is crucial for compensating states. Also, the mixed trend among states is concerning. Why are states like West Bengal and MP seeing a contraction? The benefits of growth should be more evenly distributed.
A
Aman W
As a small business owner, the compliance is still a headache, but you can't argue with the numbers. Steady growth is a good sign for everyone. Hopefully, this predictable revenue means no sudden changes or new taxes for a while. Need stability to plan ahead.
P
Priyanka N
Maharashtra, Karnataka, Gujarat leading as always. The industrial powerhouses drive the nation's treasury. But we must think about the states lagging behind. Maybe more focus on developing industries in the eastern and central states is needed for balanced growth.
D
David E
Interesting data point for investors. The 17.2% growth on import GST suggests robust trade activity. Reflects strong domestic demand for foreign goods and components. The overall 8.3% yearly growth is healthy and points to a resilient economy, which is positive for markets.
K
Kavya N
More money in the government's pocket is good, but I hope it translates to better roads, schools, and hospitals for the common people. Sometimes we only hear about big numbers but don't see the change on the ground. Fingers crossed this revenue is used wisely! 🙏

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