2 Mar 2026, Mon

Good news in an atmosphere of tension! Rs 1.83 lakh crore came into the government treasury, GST collection increased by 8.3 percent

GST Collection: India’s gross Goods and Services Tax (GST) collection increased to more than Rs 1.83 lakh crore in February 2026, which is 8.1 percent more than the previous month. With this, the total gross GST revenue till February 28 for the financial year 2026 reached Rs 20.27 lakh crore, which shows an increase of 8.3 percent as compared to last year.

GST refund in the month of February was Rs 22595 crore, which is 10.2 percent more than last year. With this, the net GST revenue in February became Rs 1.61 lakh crore. Where the domestic refund decreased by 5.3 percent to Rs 9939 crore. At the same time, import related refunds increased by 26.5 percent to Rs 12656 crore. The increase in GST collection is a proof of the country’s strengthening economy.

How much did import revenue increase?

Last month, gross domestic revenue increased by 5.3 percent to Rs 1.36 lakh crore, while gross import revenue increased by 17.2 percent to Rs 47837 crore. However, the net cess revenue declined significantly to Rs 5063 crore, whereas in February last year it was Rs 13481 crore. After state-wise settlement, a mixed picture of GST revenue was seen. Industrialized states reported good growth, while some smaller states saw a decline. Maharashtra became the largest tax contributing state with Rs 10286 crore in pre-settlement collection, followed by Karnataka and Gujarat.

Which states had higher GST collection?

Maharashtra, Gujarat, Tamil Nadu and Karnataka recorded the highest GST collection last month. Apart from this, Haryana, Uttar Pradesh, Delhi and West Bengal remained ahead in higher GST collection.

These states lagged behind in GST collection

States like Lakshadweep, Andaman and Nicobar Islands, Ladakh, Mizoram, Nagaland and Manipur lagged behind in terms of GST collection.

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