Gross GST revenue rose 14.8% to ₹1,99,853 crore in August, the highest for any August, but a sharp jump in refunds held net growth to 8.3%.
BulletsIn
- Gross GST revenue for August 2026 was ₹1,99,853 crore, up 14.8% from ₹1,74,116 crore in August 2025.
- It is the highest collection ever recorded for an August, falling just ₹147 crore short of the ₹2 lakh crore mark.
- Domestic GST revenue grew 9.3% to ₹1,37,249 crore, while GST on imports jumped 29% to ₹62,604 crore.
- Within domestic revenue, CGST was ₹38,413 crore and SGST ₹46,316 crore, both higher than a year earlier.
- Total refunds surged 67.9% to ₹31,795 crore, with domestic refunds up 72.6% and export refunds via ICEGATE up 61.8%.
- After refunds, net GST revenue was ₹1,68,057 crore, growing 8.3% year-on-year.
- Net domestic GST revenue rose only 3.4%, while net customs-related GST grew 22.3%.
- For April-August 2026, cumulative gross GST revenue reached ₹10,42,757 crore, up 11.0% from ₹9,39,724 crore.
- Cumulative refunds in the five months rose 23.8% to ₹1,53,234 crore, and net GST revenue grew 9.0% to ₹8,89,523 crore.
- The figures are provisional and released through GSTN, so they may change slightly on finalisation.
- Only April and July have crossed ₹2 lakh crore so far in FY 2026-27, making August the third-highest month.




What do you think?
It is nice to know your opinion. Leave a comment.