India’s GST mop-up in February 2026 hit ₹1.83 lakh crore, up 8.1% year-on-year from ₹1.69 lakh crore, per official Sunday release. Building on January’s ₹1.71 lakh crore, FY26’s first 11 months amassed ₹20.27 lakh crore—a hearty 8.3% increase over ₹18.72 lakh crore last year.
Key breakdowns: CGST ₹37,473 crore, SGST ₹45,900 crore, IGST ₹1,00,236 crore. Refunds at ₹22,595 crore (10.2% higher) yielded net ₹1.61 lakh crore, growing 7.9% from prior ₹1.49 lakh crore.
A notable cess decline to ₹5,063 crore stems from GST 2.0’s September 2025 launch, consolidating slabs to 18% and 5% while axing cess, promoting efficiency and consumption.
Leading states: Maharashtra, Gujarat, Tamil Nadu, Karnataka; followed by Haryana, UP, Delhi, West Bengal. Trailing: Lakshadweep, Andaman, Ladakh, Mizoram, Nagaland, Manipur—pointing to infra and development needs.
These robust figures affirm the GST framework’s evolution, driving revenue while simplifying taxes. As FY26 progresses, sustained collections could bolster capex and welfare initiatives.
