Gross GST collections for the month of March reached over Rs 2 lakh crore, up 8.8% against Rs 1.83 lakh crore in March 2025.
Total refunds stood at Rs 0.22 lakh crore, rising 13.8% year-on-year, resulting in net GST revenue of Rs 1.78 lakh crore during the month.
The Gross Domestic Revenue stood at Rs 1.46 lakh crore, up 5.9%, while Gross Import Revenue stood at Rs 0.54 lakh crore, marking a sharp rise of 17.8% during the month.
For the full financial year 2025-26, gross GST collections rose 8.3% year-on-year to over Rs 22.27 lakh crore, while net GST revenue grew 7.1% to Rs 19.34 lakh crore.
State-wise post-settlement GST revenues showed a mixed picture. Industrialised states posted solid gains, while several others recorded contractions.
The state of Maharashtra made the largest contribution to the tax kitty with around Rs 0.13 lakh crore pre-settlement, followed by Karnataka and Gujarat.States that recorded a positive GST revenue growth as per post-settlement SGST included Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Gujarat, Maharashtra, Karnataka, Kerala, Tamil Nadu, Telangana and Andhra Pradesh, among others.
States that recorded a negative GST revenue growth as per post-settlement SGST included Jammu and Kashmir, Chandigarh, Delhi, Arunachal Pradesh, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Chhattisgarh and Madhya Pradesh, among others.