In September, gross Goods and Services Tax (GST) collections increased by 14.7%, surpassing ₹2.03 trillion. This growth reflects a robust performance in the economy, driven by both domestic activities and imports.

Key Highlights

  • Gross GST collections from domestic activities rose by 10.1% to approximately ₹1.38 trillion.
  • Revenues from imports surged by 26%, amounting to ₹65,525 crore.
  • GST refunds experienced a slowdown, totaling ₹27,001 crore, which is a 3% decline year on year.