The monthly revenue stream was supported by Rs 1.59 lakh crore in gross domestic receipts and a 42.2% surge in import taxes to Rs 72,246 crore. Maharashtra, Karnataka, and Gujarat generated the largest state-level contributions, with Maharashtra alone yielding Rs 35,150 crore. Additionally, authorities processed Rs 27,934 crore in tax refunds alongside Rs 1.37 lakh crore collected under integrated taxes. However, regional performance diverged sharply as smaller territories including Sikkim and Ladakh experienced double-digit declines.
Key points
Assam registered the highest growth rate among the larger states with collections surging…: Assam registered the highest growth rate among the larger states with collections surging 47% to Rs 1,934 crore.
Integrated goods and services tax formed the largest component of monthly revenue at Rs 1…: Integrated goods and services tax formed the largest component of monthly revenue at Rs 1.37 lakh crore.
Sikkim recorded the most severe downturn in receipts, falling by 28% to total just Rs 221…: Sikkim recorded the most severe downturn in receipts, falling by 28% to total just Rs 221 crore.
Sources checked by our analysis pipeline: 1
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The cumulative gross GST collection for the first seven months of this fiscal (April-October) stood at Rs 14.78 lakh crore, registering a growth of 13.2% year-on-year.
Gross domestic revenue rose 15.8% to Rs 1.59 lakh crore in October, while revenue from imports jumped 42.2% to Rs 72,246 crore.
Refunds during the month increased 6.5% year-on-year to Rs 27,934 crore.
In the October collection, Central GST (CGST) amounted to Rs 42,935 crore, State GST (SGST) stood at Rs 51,340 crore, while Integrated GST (IGST) was Rs 1.37 lakh crore.
Total net GST revenue, after adjusting for refunds, rose 25.6% to Rs 2.03 crore. Net domestic revenue increased 16.4% to Rs 1.45 crore, while net revenue from imports grew 56.2% to Rs 58,319 crore.
Among major states, Maharashtra recorded the highest GST revenue at Rs 35,150 crore in October, up 13% from Rs 31,013 crore a year earlier. Karnataka followed with collections of Rs 15,922 crore, registering 18% growth, while Gujarat's GST revenue rose 16% to Rs 13,516 crore.
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