{"id":16694,"date":"2026-03-02T03:39:42","date_gmt":"2026-03-02T10:09:42","guid":{"rendered":"https:\/\/shoonya.com\/blog\/?p=16694"},"modified":"2026-03-02T03:39:42","modified_gmt":"2026-03-02T10:09:42","slug":"gst-collections-2","status":"publish","type":"post","link":"https:\/\/shoonya.com\/blog\/gst-collections-2\/","title":{"rendered":"GST Collections Rise to \u20b91.84 Lakh Cr in Feb, Growth Climbs to 5-Month High at 8.1%"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\" style=\"cursor:inherit\"><\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/shoonya.com\/blog\/gst-collections-2\/#GST_Growth_Rate_Accelerates_to_81_in_February\" >GST Growth Rate Accelerates to 8.1% in February<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/shoonya.com\/blog\/gst-collections-2\/#Domestic_and_Import_GST_Collections_Drive_Tax_Revenue_in_India\" >Domestic and Import GST Collections Drive Tax Revenue in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/shoonya.com\/blog\/gst-collections-2\/#GST_Refunds_Rise_102_Year-on-Year\" >GST Refunds Rise 10.2% Year-on-Year<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/shoonya.com\/blog\/gst-collections-2\/#State-Wise_GST_Collections_Show_Mixed_Trends\" >State-Wise GST Collections Show Mixed Trends<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/shoonya.com\/blog\/gst-collections-2\/#GST_Collections_Remain_Strong_in_Financial_Year_2026\" >GST Collections Remain Strong in Financial Year 2026<\/a><\/li><\/ul><\/nav><\/div>\n<div class=\"yoast-breadcrumbs\"><span><span><a href=\"https:\/\/shoonya.com\/blog\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/shoonya.com\/blog\/latest-news\/\">News<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\"><strong>GST Collections Rise to \u20b91.84 Lakh Cr in Feb, Growth Climbs to 5-Month High at 8.1%<\/strong><\/span><\/span><\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India recorded \u20b91.84 lakh crore in Goods and Services Tax (GST) collections in February, marking an 8.1% year-on-year increase and the fastest pace in five months, according to government data released on March 1.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The latest figures compare with \u20b91.69 lakh crore collected in February last year and show an improvement over January\u2019s 6.2% growth. The data reflect steady tax revenue trends amid ongoing domestic economic activity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"GST_Growth_Rate_Accelerates_to_81_in_February\"><\/span>GST Growth Rate Accelerates to 8.1% in February<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>GST growth rate<\/strong> accelerated to 8.1% in February. Gross domestic GST revenue rose 5.3% year-on-year to \u20b91.35 lakh crore. After adjusting for refunds, net domestic revenue increased 6.2%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Import-related revenues recorded stronger growth. GST collections from imports rose 17.2% annually, while net customs GST collections increased 14.2%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Domestic_and_Import_GST_Collections_Drive_Tax_Revenue_in_India\"><\/span>Domestic and Import GST Collections Drive Tax Revenue in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Domestic transactions accounted for the majority of February\u2019s collections, while import-related revenues contributed to the overall increase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The combined performance of domestic activity and imports supported higher tax revenue in India during the month.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"GST_Refunds_Rise_102_Year-on-Year\"><\/span>GST Refunds Rise 10.2% Year-on-Year<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">GST refunds during the month increased by 10.2% year-on-year to \u20b922,595 crore.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The higher refund outgo reflects continued claim processing alongside increased gross collections.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"State-Wise_GST_Collections_Show_Mixed_Trends\"><\/span>State-Wise GST Collections Show Mixed Trends<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">State-level data showed varied performance across regions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Large industrial states such as Maharashtra, Karnataka and Gujarat reported steady growth in GST settlements. Some states recorded moderation, reflecting differences in local demand conditions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Post-settlement revenues for states collectively increased about 7% compared with February last year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"GST_Collections_Remain_Strong_in_Financial_Year_2026\"><\/span>GST Collections Remain Strong in Financial Year 2026<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Collections above \u20b91.8 lakh crore indicate consistent revenue performance in the financial year 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Indian economy expanded 7.8% in the third quarter, compared with 8.4% growth in the second quarter of FY26. Official projections estimate growth of 7.6% for the full fiscal year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The February GST data adds to recent economic indicators reflecting ongoing domestic activity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source:<\/strong> https:\/\/www.moneycontrol.com\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Disclaimer<\/mark>: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India recorded \u20b91.84 lakh crore in Goods and Services Tax (GST) collections in February, marking an 8.1% year-on-year increase and the fastest pace in five months, according to government data released on March 1. The latest figures compare with \u20b91.69 lakh crore collected in February last year and show an improvement over January\u2019s 6.2% growth. &hellip; <a href=\"https:\/\/shoonya.com\/blog\/gst-collections-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GST Collections Rise to \u20b91.84 Lakh Cr in Feb, Growth Climbs to 5-Month High at 8.1%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":17,"featured_media":16698,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[1082],"tags":[9448,3019,9450,4646,9447,9451,9452,9449],"class_list":["post-16694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-economic-indicators","tag-goods-and-services-tax","tag-goods-and-services-tax-india","tag-gst-collections","tag-gst-growth","tag-gst-growth-rate","tag-gst-refunds","tag-tax-revenue-india"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GST Collections Climb 8.1% to \u20b91.84 Lakh Crore in February<\/title>\n<meta name=\"description\" content=\"GST collections rose to \u20b91.84 lakh crore in February, 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