According to government data, gross GST collections increased by 14.8% in August to nearly ₹2 lakh crore. Earlier, GST collection stood at ₹2.11 lakh crore in July. Total Net GST Revenue for the month came at ₹1,68,057 crore, up 8.3 per cent YoY, as compared to August 2025 (₹1,55,181 crore). On a yearly basis, net GST revenue is up 9 per cent at ₹8,89,523 crore against ₹8,15,939 crore. Likewise, the country’s gross domestic revenue grew 9.3 percent to ₹1,37,249 crore in August 2026 from ₹1,25,570 crore in August 2025. Central Goods and Services Tax collection stood at Rs 38,413 crore, State GST at ₹46,316 crore and IGST at ₹52,520 crore. Gross import revenue surged 29 percent to Rs 62,604 crore, up from ₹48,546 crore a year ago. On a yearly basis, gross import revenue is up 27.3 percent at ₹3,06,387 crore compared to ₹2,40,596 crore last year. Total gross GST revenue for August stood at ₹1,99,853 crore against ₹1,74,116 crore last year. On a cumulative yearly basis, gross revenue is up 11 percent to ₹10,42,757 crore. GST collection reflects the health of the economy GST collection indicates how healthy the country’s economy is. Higher collections mean that people are spending more, factory production is rising, and people are paying their taxes honestly. GST was implemented in 2017 The government implemented GST across the country on July 1, 2017. Following this, 17 taxes and 13 cesses levied by the central and state governments were abolished. GST has been divided into four components: Post navigation Gold prices fall after PM Modi’s appeal to avoid buying:Yellow metal gets ₹1,000/10 gm cheaper; silver rates correct over ₹1.50 lakh/kg from peaks
