India’s GST Collections Climb 8.2 Pecent to Rs. 1.78 Lakh Crore in March

India’s GST collection has increased by 8.2% according to the reports. According to government figures released on Wednesday, net GST collection surged 8.2% year on year in March, the largest rate in six months since the GST 2.0 system was implemented. Gross collections increased by 8.8% due to a significant rise in import revenues.

The GST revenue target (CGST plus compensation cess) for 2025-2026 was set at Rs. 11.78 trillion by the central government. The overall and net GST receipts (excluding cess) were, in absolute numbers, Rs. 22.27 trillion and Rs. 19.35 trillion, respectively.

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The revised estimate was reduced to Rs. 10.46 trillion after the rate decreases in September that were intended to increase consumption. Import revenues increased 17.8% in March to Rs. 53,861 crore, while domestic transaction revenues increased 5.9% to Rs. 1.46 trillion.

Gross collections for March were the highest since May 2025, totaling over Rs. 2 trillion, while net collections totaled Rs. 1.70 trillion, the second highest monthly amount for the 2025-26 academic year, following April’s Rs. 2.09 trillion. Collections increased by 9% and 10%, respectively, on a sequential basis.