GST Collections (Gross)
Latest reading: 199853 ₹ crore gross for August 2026 (+14.8% YoY).
GST Collections (Gross)
Gross Goods and Services Tax collected in the month, reflecting the previous month's business activity. A high-frequency proxy for domestic demand and formal-sector activity.
What it means
Gross Goods and Services Tax collected in the month, reflecting the previous month's business activity. A high-frequency proxy for domestic demand and formal-sector activity.
previous_value is the year-ago comparable (Aug 2025), not July 2026, because GST is reported on a YoY basis. Aug 2025 was REVISED DOWN from Rs 1.86 lakh crore to Rs 1.74 lakh crore. Net GST Aug 2026 = Rs 1,68,057 crore (+8.3% YoY).
Release details
- Category
- FISCAL
- Frequency
- MONTHLY
- Previous
- 174116
- Benchmark
- MacroNest anchor: double-digit YoY growth
- Released
- 2026-09-01
- Next release
- Expected: 2026-10-01
- Source
- GSTN — Monthly GST Revenue Report
Key questions about GST Collections (Gross)
What do monthly GST collections tell us about the economy?
Gross GST collections are one of the fastest, least-revised readings of domestic consumption, manufacturing activity and imports. Because the figure is published on the 1st of each month for the previous month, it arrives weeks ahead of GDP or IIP data, which makes it a useful real-time proxy for economic momentum and formalisation.
Who publishes India's GST collection figures?
The Ministry of Finance publishes gross GST revenue on the 1st of every month, drawing on data from the Goods and Services Tax Network (GSTN). The release breaks the total into CGST, SGST, IGST and cess, and separates domestic transactions from import-related collections.
Why do GST collections spike in April?
April collections cover March transactions, the last month of the financial year, when businesses settle annual accounts, clear pending invoices and complete year-end sales. That makes April consistently the highest-collection month, so year-on-year comparisons are more meaningful than month-on-month ones.
What is the current GST Collections (Gross)?
GST Collections (Gross) stands at 199853 ₹ crore gross for August 2026, against 174116 ₹ crore gross previously (+14.8% YoY). Gross Goods and Services Tax collected in the month, reflecting the previous month's business activity. A high-frequency proxy for domestic demand and formal-sector activity.
Who publishes the GST Collections (Gross) data?
GST Collections (Gross) is published by GSTN — Monthly GST Revenue Report on a monthly basis. Release window: 1st-3rd of following month. The next update is expected on Expected: 2026-10-01.
What is a healthy level for GST Collections (Gross)?
The reference benchmark used on MacroNest is: MacroNest anchor: double-digit YoY growth. The latest reading of 199853 ₹ crore gross is currently assessed as "Strong revenue momentum".
Why does GST Collections (Gross) matter?
Fiscal indicators show how much revenue the government collects and spends, which affects government borrowing, bond yields and public investment. Gross Goods and Services Tax collected in the month, reflecting the previous month's business activity. A high-frequency proxy for domestic demand and formal-sector activity.