India’s gross Goods and Services Tax (GST) collections rise around 15% year-on-year in August to nearly ₹2 lakh crore (about ₹1.999 trillion), according to multiple outlets. The increase is driven more by import-related revenue than domestic transactions, with some reports highlighting that refunds also rise sharply during the month.
Reports say import GST revenue grows about 29% year-on-year, while revenue from domestic transactions rises about 9–10%. Gross collections reach roughly ₹1,99,853 crore in August, up from ₹1,74,116 crore a year earlier. Central and state components are also reported, with IGST contributing more than ₹1 lakh crore. Several outlets note that refunds increase strongly (about 68% year-on-year), which narrows the difference between gross and net growth.
One outlet also provides a net view: after accounting for refunds, net GST collections come in around ₹1.68 lakh crore, up about 8.3% year-on-year. Another outlet adds that GST revenue growth reflects improving compliance, enforcement, and overall economic activity, while also noting that August collections are lower than the previous month’s figure of about ₹2.11 lakh crore.
