• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
Advertisement
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Gross GST Collection Rises 14.7 Pc To Almost Rs 2.04 Lakh Crore In September

OMMCOM NEWS by OMMCOM NEWS
October 1, 2026
in Business

New Delhi: India’s gross GST collection surged by 14.7 per cent in September to Rs 2,03,521 crore against the same month last year, official data showed on Thursday.

Last month, CGST amounted to Rs 37,762 crore, SGST to Rs 45,363 crore, while IGST stood at Rs 1,20,396 crore.

GST collections at Rs 2.04 lakh crore in September stayed above Rs 2 lakh crore for the third straight month.

Total Net GST revenue rose by 18.1 per cent year-on-year, amounting to Rs 1,76,520 crore. Gross Domestic Revenue jumped 10.1 per cent from Rs 1,25,334 crore to Rs 1,37,996 crore.

Meanwhile, the cumulative gross collection for the first half of this fiscal year (April-September) stood at Rs 12,46,278 crore, up 11.6 per cent.

In August 2026, GST collections jumped 14.8 per cent year-on-year to Rs 1,99,853 crore, driven by a sharp increase in tax revenues from imports which were higher than the Rs 1,74,116 crore recorded in the same month last year.

The growth in GST receipts was largely led by import-related taxes with gross GST revenue from imports surging 29 per cent to Rs 62,604 crore.

Domestic GST collections also remained on a firm footing, rising 9.3 per cent to Rs 1,37,249 crore from Rs 1,25,570 crore in August 2025.

The government also witnessed a sharp increase in GST refund payouts during the month. Total refunds jumped 67.9 per cent year-on-year to Rs 31,795 crore, compared with Rs 18,935 crore a year earlier.

Apart from that, sources had indicate there will be no major GST rate changes expected at the next GST Council meeting on October 7 with the panel likely to focus instead on process reforms and the implementation of the recently undertaken rate rationalisation.

The Council is expected to review how the GST rate changes have been implemented over the past year.

In addition, Union Finance Minister Nirmala Sitharaman has already indicated that the October 7 meeting would focus on process reforms under GST 2.0, including areas such as e-invoicing and input tax credit rules.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Ganesh Immersion Turns Violent: Mahanga IIC Injured In Stone-Pelting, Police Van Vandalised

Next Post

Asian Games: Ganesh Mani Ratnam Bags Bronze In Men’s Compound Individual

Related Posts

Business

India Draws Line On ‘Weaponisation Of Food’ At G20 Trade Ministers’ Meet

October 1, 2026
Sensex Falls
Business

Sensex, Nifty Open Lower Amid Continued FII Selling; Auto, Cement Shares Drag

October 1, 2026
UPI
Business

UPI Transactions Rise By 18 Pc To Rs 29.37 Lakh Crore In September

October 1, 2026
Business

Adani Ports’ Colombo West International Terminal Doubles Capacity With $750 Million Investment

October 1, 2026
Business

OMCs Hike Commercial LPG And Aviation Fuel Prices From October 1

October 1, 2026
Piyush Goyal
Business

G20 Trade Talks Open In Milwaukee; Piyush Goyal Represents India

October 1, 2026
Next Post

Asian Games: Ganesh Mani Ratnam Bags Bronze In Men's Compound Individual

Asian Games: Manu Francis, Prince Kurisinkal Noble Sail India To First Medal With Men's Skiff Silver

PM Modi

PM Modi Hails UPSC's Century-Long Legacy As Celebration Of Youth's Aspiration, Trust Of Every Indian

Khimji
SAI
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special

© 2025 - Ommcom News. All Rights Reserved.