The monthly revenue surge was anchored by import revenues expanding by more than 40 percent alongside steady domestic transaction growth. At the same time, the central government distributed Rs 27,934 crore in total refunds to taxpayers, marking a 6.5 percent increase from the previous year. Key industrialized states, including Maharashtra and Karnataka, posted double-digit gains, while regional states like Assam witnessed steep increases. Cumulative collections for the seven-month period from April to October demonstrated sustained momentum across the broader fiscal year.
Key points
Import-driven revenue significantly outpaced domestic revenue expansion to anchor the ove…: Import-driven revenue significantly outpaced domestic revenue expansion to anchor the overall increase in monthly collections.
Industrialized states generated substantial tax contributions, led by Maharashtra with Rs…: Industrialized states generated substantial tax contributions, led by Maharashtra with Rs 35,150 crore in domestic intake.
Industry analysts credit the continuing momentum across the fiscal year to steady domesti…: Industry analysts credit the continuing momentum across the fiscal year to steady domestic activity and enhanced compliance.
Sources checked by our analysis pipeline: 1
NEW DELHI: The gross Goods and Services Tax (GST) collections rose 22.9 per cent year-on-year to Rs 2.31 lakh crore in October, supported by a sharp increase in revenue from imports and steady growth in domestic collections, provisional government data showed on Sunday.
The October collection compares with Rs 1.88 lakh crore recorded in the same month last year. After adjusting for refunds, net GST revenue grew 25.6 per cent to Rs 2.03 lakh crore, against Rs 1.61 lakh crore a year ago.
Revenue from imports was the bigger contributor to the increase, rising 42.2 per cent to Rs 72,246 crore from Rs 50,796 crore in October 2025. Collections from domestic transactions grew 15.8 per cent to Rs 1.59 lakh crore, compared with Rs 1.37 lakh crore in the year-ago period.
The government issued refunds worth Rs 27,934 crore during the month, 6.5 per cent higher than in October last year. Domestic refunds increased 9.8 per cent to Rs 14,007 crore, while refunds on imports rose 3.4 per cent to Rs 13,927 crore.
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