The provisional data released by the Ministry of Finance indicate that gross Goods and Services Tax (GST) collections increased at a healthy pace of 13.9% year-on-year to Rs 1.95 lakh crore during June 2026, reflecting a robust surge in import tax revenues and a modest growth in domestic collections. India's tax system has proven to be resilient as evidenced by the latest figures, reflecting ongoing global economic and geopolitical uncertainty.

Key Highlights

• India's GST collections surged 13.9% to Rs 1.95 lakh crore, driven by record import tax revenues in June.
• Import GST jumped 34.6%, while net collections rose 11.2% despite significantly higher taxpayer refund disbursements nationwide.

Gross GST from domestic transactions reached Rs 1.34 lakh crore, with an annual increase of 6.5%, whereas the tax collection from imports jumped 34.6% to a new high of Rs 60,038 crore, from Rs 44,600 crore in June 2025. Considering the refunds, net collections of GST has grown by 11.2% Y-O-Y to reach Rs 1.62 lakh crore.

Import-Led Growth Drives Revenue Performance

The higher level of receipts of import GST was a significant contributor to overall tax revenues in the month. The latest numbers underscore that India's revenue base is proving to be resilient despite the ongoing global trade disruptions and geopolitical tensions, tax experts said.

The government also pushed the pace of refunds during the month of June, releasing Rs 32,432 crore worth of refunds, which was 29.1% more than it did in the same month last year. The faster the refunds will be received, the better for the liquidity of exporters and businesses, which will help to ensure solid revenue growth.

FY27 Collections Continue to Strengthen

In the April-June quarter, the gross GST collection stands at Rs 6.32 lakh crore, up 8.4% on the corresponding quarter last year. The net GST revenue grew by 7.1% to Rs 5.40 lakh crore during the quarter, which indicates continued tax compliance and the health of the economy.

Revenue growth has been steady as a result of better tax compliance, and the positive effect of the GST rate rationalization measures put in place in 2025, which have helped to bolster domestic consumption and business activity. GST collections will continue to be robust in the coming months due to the reduction of geopolitical tensions and improvement of economic conditions that have boosted trade and consumption.

States Report Mixed GST Collection Trends

Also Read: GST Collections Rise 3.2% to Rs 1.94 Lakh Crore in May

Uttar Pradesh saw one of the highest growth in domestic collection of GST of 19%, followed by Assam at 17%, Punjab at 14% and Gujarat at 12% of its total GST collections in the major states. Karnataka and Kerala grew by 11%, Telangana grew by 10% and Maharashtra grew by 9%.

But the trend was not uniform from state to state. Domestic collections of GST in Tamil Nadu fell 2% and in Rajasthan and Madhya Pradesh, the collections fell 5% respectively in the month.

The latest GST data underscores the robustness of the indirect tax system in India as import revenue has increased, refunds have been processed timely and domestic collections have remained steady to provide a strong base for government revenues as the economy moves into the second quarter of FY27.