India’s July GST collections rise 15.4% to over ₹2.11 lakh crore
Gross GST collections crossed ₹2.11 lakh crore in July, up 15.4% year on year. Net GST revenue, after ₹29,968 crore in refunds, stood above ₹1.81 lakh crore—an indicator of continued transaction momentum across domestic consumption and imports.
India’s gross GST collections rose 15.4% year-on-year to over Rs 2.11 lakh crore in July, supported by domestic transactions and imports. Net GST revenue after Rs 29,968 crore in refunds stood above Rs 1.81 lakh crore.
Why this matters
The July GST increase points to sustained transaction activity, while recent detections of fake GST credit claims rising 27% to ₹74,782 crore in FY26 highlight ongoing compliance risks.
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