![\"GST](\"https:\/\/static.toiimg.com\/photo\/msid-132108857\/gst-collection.jpg\" "\\"\\"")
<\/div>\n<\/div>\n
<\/p>\nImport revenues drive growth<\/b><\/h2>\n<\/p>\n
The data showed a clear divergence between domestic and import-led tax collections during the month.Gross revenue from domestic transactions rose 6.5 per cent to Rs 1,34,774 crore, compared with Rs 1,26,506 crore in June last year.In contrast, GST revenue from imports surged 34.6 per cent to Rs 60,038 crore, up from Rs 44,600 crore a year ago, providing the biggest boost to overall collections.The government also stepped up refund disbursements during the month.Total GST refunds increased 29.1 per cent to Rs 32,436 crore in June 2026, compared with Rs 25,121 crore in the same month last year, helping improve liquidity for businesses while maintaining strong revenue growth.<\/p>\nCollections up 8.4% so far this fiscal<\/b><\/h2>\n<\/p>\n
For the financial year up to June 2026, gross GST collections reached Rs 6,31,699 crore, registering 8.4 per cent growth over Rs 5,82,542 crore in the corresponding period last year.During the period, domestic GST collections rose 2.8 per cent to Rs 4,54,427 crore, while import-related GST revenues expanded 26.2 per cent to Rs 1,77,273 crore.Total refunds during the period stood at Rs 91,482 crore, resulting in net GST collections of Rs 5,40,218 crore.<\/p>\nMaharashtra leads state collections<\/b><\/h2>\n<\/p>\n
Among the major states, Maharashtra continued to account for the largest share of domestic GST collections, with revenues rising 9 per cent to Rs 30,714 crore from Rs 28,248 crore in June 2025.Karnataka and Gujarat also posted double-digit growth, collecting Rs 12,937 crore and Rs 11,743 crore, respectively.Uttar Pradesh recorded one of the strongest performances among large states, with GST collections increasing 19 per cent to Rs 9,165 crore.However, several states reported declines. Sikkim recorded the steepest fall, with collections dropping 53 per cent to Rs 170 crore.Puducherry saw collections decline 28 per cent, while Himachal Pradesh and Uttarakhand posted declines of 26 per cent and 21 per cent, respectively.Tamil Nadu also reported a marginal 2 per cent decline in collections to Rs 9,776 crore.<\/p>\nGST reform showing maturity<\/b><\/h2>\n<\/p>\n
Commenting on the latest figures, Manoj Mishra, partner and tax controversy management leader at Grant Thornton Bharat, said the June collections reflected the growing resilience of India’s tax system despite global uncertainties.“June GST collections of Rs 1.95 lakh crore, registering a robust 13.9% year-on-year growth, underscore the resilience of India’s revenue base at a time when global trade and geopolitical uncertainties continue to dominate the economic landscape,” he said.He added that the strong rise in import GST and higher refunds highlighted improving tax administration.“The consistency of collections around the Rs 2 lakh crore mark, alongside faster refunds, demonstrates that GST is maturing into a predictable and technology-driven revenue framework,” Mishra said, noting that the reform has strengthened both revenue collection and taxpayer facilitation as GST completes nine years.<\/div>\n
\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The latest collections were higher than the Rs 1,71,105 crore recorded in June 2025 India’s gross Goods and Services Tax (GST) collections rose 13.9 per cent year-on-year to Rs 1,94,812 crore in June 2026, driven largely by a sharp increase in tax revenues from imports, according to provisional data released by the finance ministry on […]<\/p>\n","protected":false},"author":1,"featured_media":29531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-29530","post","type-post","status-publish","format-standard","has-post-thumbnail"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/29530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/comments?post=29530"}],"version-history":[{"count":0,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/29530\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media\/29531"}],"wp:attachment":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media?parent=29530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/categories?post=29530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/tags?post=29530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"GST](\"https:\/\/static.toiimg.com\/thumb\/msid-132108837,imgsize-628542,width-400,height-225,resizemode-4\/gst-collection.jpg\" "\\"The")
<\/div>\n<\/div>\n<\/div>\n