October GST collection reaches Rs 2.31 lakh crore, the second highest monthly figure

1 November 2026

Government data show gross Goods and Services Tax collection in October rose about 23 per cent from a year earlier to over Rs 2.31 lakh crore.
That is the second highest monthly collection, behind the record of about Rs 2.43 lakh crore in April.
The 22.9 per cent growth is the fastest pace of gross collection so far in the current financial year.
Collections from domestic sales grew 16 per cent to over Rs 1.59 lakh crore, while revenue on imports climbed 42 per cent to Rs 72,246 crore.
Within the gross figure, Central GST was Rs 42,935 crore and State GST Rs 51,340 crore, with Integrated GST above Rs 1.37 lakh crore.
Refunds rose 6.5 per cent to Rs 27,934 crore, leaving net collection up 26 per cent at over Rs 2.03 lakh crore.
From April to October, gross collection grew 13.2 per cent to over Rs 14.77 lakh crore.