India’s GST collections set to reach Rs 1.83 lakh crore in February 2026, registering an 8.1% year-on-year jump. Maharashtra, Karnataka and Gujarat contributed the most. The total GST for FY 2026 stood at Rs 20.27 lakh crore.

New Delhi: India’s gross Goods and Services Tax (GST) collections grew by 8.1% year-on-year to reach Rs 1.83 lakh crore in February 2026. This growth reflects the strength of business activities in the Indian economy and improvement in tax collections. The total gross GST revenue so far for the financial year 2026 has been recorded at Rs 20.27 lakh crore.

According to data released by the government on Sunday, total gross GST revenue for FY26 till February 28 has registered a growth of 8.3%. Total refunds during the same period stood at Rs 22,595 crore, which is 10.2% more than the same period last year. Due to this, the net GST revenue in February was Rs 1.61 lakh crore.

Strength in gross domestic and import revenue

Gross domestic revenue in February 2026 stood at Rs 1.36 lakh crore, which is 5.3% more than last year. At the same time, gross import revenue saw an increase of 17.2% and reached Rs 47,837 crore. Net cess revenue this time was recorded at Rs 5,063 crore, whereas in February last year it was Rs 13,481 crore.

It is clear from the monthly statement of GST that the tax collection from domestic and import remains strong. This is an indication that economic activities are accelerating in the country and business transactions are increasing.

Maharashtra contributed the most

According to SGST settlement data for February 2026, Maharashtra contributed the largest tax with Rs 10,286 crore. After this came Karnataka and Gujarat. These states also recorded positive GST revenue growth as per post-settlement SGST.

Other states with positive growth include Himachal Pradesh, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, Uttar Pradesh, Bihar, Tamil Nadu, Sikkim and Arunachal Pradesh. The increase in tax collection in these states reflects the improving economy and increasing trend of business activities.

Negative growth in some states

At the same time, negative GST revenue growth was recorded in some states as per post-settlement SGST. These states include West Bengal, Jharkhand, Odisha, Chhattisgarh, Madhya Pradesh, Tripura and Jammu and Kashmir. This indicates that the pace of business activities in these states was less than expected or there was disruption in tax collection.

Total GST collection for the financial year

The total GST collection for FY 2026 till February 2026 stood at Rs 20,27,033 crore. This is 8.3% more than the same period last year. This figure makes it clear that India’s tax base is continuously strengthening and the GST system is working effectively.

Meaning of GST increase

The continuous increase in GST collections indicates that economic activities are improving in the country. The direct impact of improvement in earnings from business transactions and imports can be seen on GST collection. Investors and traders can plan for the future by looking at this trend.