Goods and services tax

India collected ₹2.11 trillion in gross goods and services tax in July 2026

Observations: July 2026

Goods and services tax, or GST, is an indirect tax on goods and services. Gross receipts were ₹2.11 trillion · $22 billion; net revenue after refunds was ₹1.81 trillion · $18.9 billion.

What the figures measure

+8.4% compared with June 2026.

+6% compared with January 2026.

+7.9% compared with July 2025.

Gross revenue includes domestic tax and integrated goods and services tax on imports. Net revenue deducts domestic and export refunds.

Only reported months are shown. A missing month is not zero, and no missing observation is interpolated.

Dollar equivalents use the same reference rate throughout, not the historical exchange rate for each observation. FX as of September 25, 2026.

Gross collections, refunds and net revenue

MonthGross revenueRefundsNet revenue
July 2026₹2.11 trillion · $22 billion₹299.68 billion · $3.13 billion₹1.81 trillion · $18.9 billion
June 2026₹1.95 trillion · $20.3 billion₹324.36 billion · $3.39 billion₹1.62 trillion · $16.9 billion
May 2026₹1.94 trillion · $20.3 billion₹272.81 billion · $2.85 billion₹1.67 trillion · $17.4 billion
April 2026₹2.43 trillion · $25.3 billion₹317.93 billion · $3.32 billion₹2.11 trillion · $22 billion
March 2026₹2 trillion · $20.9 billion₹223.53 billion · $2.33 billion₹1.78 trillion · $18.6 billion
February 2026₹1.89 trillion · $19.7 billion₹227.52 billion · $2.37 billion₹1.66 trillion · $17.3 billion
January 2026₹1.99 trillion · $20.8 billion₹228.37 billion · $2.38 billion₹1.76 trillion · $18.4 billion
December 2025₹1.79 trillion · $18.7 billion₹292.93 billion · $3.06 billion₹1.5 trillion · $15.6 billion
November 2025₹1.75 trillion · $18.3 billion₹189.47 billion · $1.98 billion₹1.56 trillion · $16.3 billion
October 2025₹1.96 trillion · $20.4 billion₹269.34 billion · $2.81 billion₹1.69 trillion · $17.6 billion
September 2025₹1.89 trillion · $19.7 billion₹286.57 billion · $2.99 billion₹1.6 trillion · $16.7 billion
August 2025₹1.86 trillion · $19.4 billion₹193.59 billion · $2.02 billion₹1.67 trillion · $17.4 billion
July 2025₹1.96 trillion · $20.4 billion₹271.47 billion · $2.83 billion₹1.69 trillion · $17.6 billion
June 2025₹1.85 trillion · $19.3 billion₹254.91 billion · $2.66 billion₹1.59 trillion · $16.6 billion
May 2025₹2.01 trillion · $21 billion₹272.1 billion · $2.84 billion₹1.74 trillion · $18.1 billion
April 2025₹2.37 trillion · $24.7 billion₹273.41 billion · $2.85 billion₹2.09 trillion · $21.9 billion
March 2025₹1.96 trillion · $20.5 billion₹196.15 billion · $2.05 billion₹1.77 trillion · $18.4 billion
February 2025₹1.84 trillion · $19.2 billion₹208.89 billion · $2.18 billion₹1.63 trillion · $17 billion
December 2024₹1.77 trillion · $18.5 billion₹224.9 billion · $2.35 billion₹1.54 trillion · $16.1 billion
November 2024₹1.82 trillion · $19 billion₹192.59 billion · $2.01 billion₹1.63 trillion · $17 billion
October 2024₹1.87 trillion · $19.6 billion₹193.06 billion · $2.01 billion₹1.68 trillion · $17.5 billion
September 2024₹1.73 trillion · $18.1 billion₹204.58 billion · $2.14 billion₹1.53 trillion · $15.9 billion
August 2024₹1.75 trillion · $18.3 billion₹244.6 billion · $2.55 billion₹1.51 trillion · $15.7 billion
July 2024₹1.82 trillion · $19 billion₹162.83 billion · $1.7 billion₹1.66 trillion · $17.3 billion

data.indiadispatch.com

Domestic and import collections

MonthDomestic taxImport tax
July 2026₹1.45 trillion · $15.1 billion₹665.11 billion · $6.94 billion
June 2026₹1.35 trillion · $14.1 billion₹600.38 billion · $6.27 billion
May 2026₹1.35 trillion · $14 billion₹596.54 billion · $6.23 billion
April 2026₹1.85 trillion · $19.3 billion₹575.8 billion · $6.01 billion
March 2026₹1.46 trillion · $15.3 billion₹538.61 billion · $5.62 billion
February 2026₹1.41 trillion · $14.7 billion₹478.37 billion · $4.99 billion
January 2026₹1.47 trillion · $15.3 billion₹523.45 billion · $5.46 billion
December 2025₹1.27 trillion · $13.3 billion₹519.91 billion · $5.43 billion
November 2025₹1.29 trillion · $13.5 billion₹459.95 billion · $4.8 billion
October 2025₹1.45 trillion · $15.1 billion₹508.84 billion · $5.31 billion
September 2025₹1.37 trillion · $14.2 billion₹524.92 billion · $5.48 billion
August 2025₹1.37 trillion · $14.3 billion₹493.54 billion · $5.15 billion
July 2025₹1.43 trillion · $14.9 billion₹527.12 billion · $5.5 billion
June 2025₹1.39 trillion · $14.5 billion₹456.91 billion · $4.77 billion
May 2025₹1.5 trillion · $15.6 billion₹512.66 billion · $5.35 billion
April 2025₹1.9 trillion · $19.8 billion₹469.13 billion · $4.9 billion
March 2025₹1.49 trillion · $15.6 billion₹469.19 billion · $4.9 billion
February 2025₹1.42 trillion · $14.8 billion₹417.02 billion · $4.35 billion
December 2024₹1.33 trillion · $13.8 billion₹442.68 billion · $4.62 billion
November 2024₹1.4 trillion · $14.6 billion₹425.91 billion · $4.44 billion
October 2024₹1.42 trillion · $14.8 billion₹450.96 billion · $4.71 billion
September 2024₹1.28 trillion · $13.3 billion₹453.9 billion · $4.74 billion
August 2024₹1.25 trillion · $13 billion₹499.76 billion · $5.22 billion
July 2024₹1.34 trillion · $14 billion₹480.39 billion · $5.01 billion

data.indiadispatch.com

Source: Goods and Services Tax Network. India Dispatch Research.

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