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June GST hits ₹1.95 lakh crore, states show strength

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June GST hits ₹1.95 lakh crore, states show strength
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India’s Goods and Services Tax revenue rose strongly in June 2026. Collections touched ₹1.95 lakh crore, marking a 13.9% rise compared with the same month last year. The increase was powered by a sharp jump in import taxes, which grew 34.6%. Domestic GST revenue showed slower growth of 6.5%, reflecting moderate consumption trends.

After refunds, net GST collections stood at ₹1.62 lakh crore, up 11.2%. Refunds themselves rose 29.1% to ₹32,436 crore, showing improved compliance and faster processing.

Maharashtra remained the largest contributor with ₹30,714 crore, followed by Karnataka at ₹12,937 crore. Gujarat collected ₹11,743 crore, while Uttar Pradesh posted strong growth of 19% with ₹9,165 crore. Haryana, Telangana, Kerala, Punjab, Assam and Delhi also reported healthy gains.

For the April to June quarter of FY27, gross GST collections reached ₹6.31 lakh crore, up 8.4%. Domestic revenue grew 2.8% to ₹4.54 lakh crore, while import revenue surged 26.2% to ₹1.77 lakh crore. Net collections for the quarter stood at ₹5.40 lakh crore, reflecting a 7.1% rise.

The figures underline the importance of imports in driving tax growth. While domestic demand remains steady, external trade flows are adding significant strength to government finances. The performance of major states highlights regional economic resilience and the role of industrial hubs in sustaining revenue momentum.

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