GST collections rise 8.2% in March 2026 to hit Rs 1.78 lakh crore

GST collections: India’s nett Goods and Services Tax (GST) collections accrued to Rs 1.78 lakh crore successful March 2026, marking a emergence of 8.2% compared to the erstwhile month, according to authoritative figures released connected Wednesday.Gross GST gross for March stood astatine Rs 2 lakh crore, which is an 8.8% summation implicit the aforesaid period past year.Abhishek Jain, Indirect Tax Head & Partner, KPMG says, “GST collections proceed to amusement dependable 9% yearly growth, supported by beardown import enactment this period and accordant compliance. While export refunds person eased this period but stay steadfast wide for the year”Refunds during the period totalled Rs 0.22 lakh crore, up 13.8% connected a year-on-year basis, which resulted successful nett GST collections of Rs 1.78 lakh crore.Domestic GST gross reached Rs 1.46 lakh crore, registering a maturation of 5.9%, portion gross from imports was recorded astatine Rs 0.54 lakh crore, rising sharply by 17.8% during the period.Post-settlement GST figures crossed states presented a varied trend. While industrially precocious states recorded beardown growth, respective others reported a decline.Maharashtra contributed the highest magnitude to the wide collections astatine Rs 0.13 lakh crore connected a pre-settlement basis, followed by Karnataka and Gujarat.

Among states showing an summation successful post-settlement SGST collections were Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Gujarat, Maharashtra, Karnataka, Kerala, Tamil Nadu, Telangana and Andhra Pradesh, among others.On the different hand, states specified arsenic Jammu and Kashmir, Chandigarh, Delhi, Arunachal Pradesh, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Chhattisgarh and Madhya Pradesh, among others, registered a diminution successful post-settlement SGST revenues.