New Delhi, March 1, 2026 — India’s Goods and Services Tax (GST) collection recorded another strong performance in February 2026, rising over 8 percent year-on-year to ₹1,83,093 crore, the Ministry of Finance reported. The figure reflects sustained economic activity and improved tax compliance across sectors.
Breakdown of GST Components
The total gross GST revenue for the month came from:
₹31,561 crore from CGST (Central GST), ₹40,026 crore from SGST (State GST), ₹88,211 crore from IGST (Integrated GST), ₹23,295 crore from compensation cess. These numbers indicate broad-based growth, with domestic economic activity generally underlying the strong collections despite global headwinds.
Year-to-Date Performance
The cumulative GST revenue for the first 11 months of FY26 (April 2025 to February 2026) is reported at ₹18.41 lakh crore, already surpassing last year’s full-year figures. This trend underscores continued resilience in consumption and supply chains. Import-related GST collections maintained momentum, contributing significantly to the overall tally.
Finance Ministry Perspective
Officials noted that the strong GST performance in February mirrors domestic demand stability and healthy compliance, especially in key consumption sectors such as automobiles, FMCG, and services. The government’s compliance initiatives and anti-evasion measures are also credited for narrowing tax leakages and strengthening revenue mobilisation.
Finance Ministry sources indicated that the robust GST receipts suggest underlying economic confidence, as consumption and business activity reflect gradual expansion in the formal economy.
Expert Views
Economists and tax analysts say that the consistent growth in GST collections — despite inflationary pressures and external uncertainties — is a positive signal for India’s macroeconomic outlook. Additionally, rising GST receipts help states and the Centre maintain fiscal discipline while funding development priorities.
However, experts also caution that continued vigilance is necessary to ensure sustained compliance and to prevent revenue shortfalls, especially in sectors vulnerable to demand fluctuations.