GST Collections Rise 6.2% in January 2026 to Rs 1.93 Lakh Crore

  • 07-Feb-2026
  • 2 mins read
GST Collections January 2026

GST Collections Rise 6.2% in January 2026 to Rs 1.93 Lakh Crore

GST collection in January 2026 stood at Rs 1.93 lakh crore, registering a year-on-year growth of 6.2% compared to January 2025. After accounting for refunds, net GST revenues rose to Rs 1.71 lakh crore, reflecting a robust 7.6% YoY growth.

The January performance reinforces the continued strength of India’s GST framework, with collections remaining consistently above the Rs 1.80 lakh crore mark, supported by steady domestic demand and healthy import activity.

GST Collection Breakdown – January 2026

GST Component

Gross Collection (Rs crore)

Net Collection (Rs crore)

Central GST (CGST)

38,792

35,488

State GST (SGST)

47,817

43,553

Integrated GST (IGST)

1,06,775

91,678

Total

1,93,384

1,70,719

Gross GST collections grew 6.2% YoY, while net GST revenues recorded a faster growth of 7.6%, aided by a decline in total refunds. Refunds paid during January 2026 stood at Rs 22,665 crore, down 3.1% YoY.

April–January FY26 Cumulative Performance

For the 10-month period of FY 2025–26 (April–January), GST collections maintained good momentum:

  • Cumulative Gross GST Collections: Rs 18.43 lakh crore (YoY growth of 8.3% over Rs 17.02 lakh crore)
  • Cumulative Net GST Collections: Rs 15.96 lakh crore (YoY growth of 6.8% over Rs 14.94 lakh

State-wise Performance Highlights

·       Top 5 States/UTs – Highest GST Revenue Growth (Pre-Settlement)

Rank

State / UT

Jan 2025 (Rs crore)

Jan 2026 (Rs crore)

Growth %

1

Arunachal Pradesh

41

51

+24%

2

Punjab

820

938

+14%

3

Odisha

1,479

1,669

+13%

4

Rajasthan

1,632

1,808

+11%

5

Meghalaya

63

70

+11%

·       Bottom 5 States/UTs – GST Revenue Decline (Pre-Settlement)

Rank

State / UT

Jan 2025 (Rs crore)

Jan 2026 (Rs crore)

Growth %

1

Ladakh

35

31

–12%

2

Goa

275

261

–5%

3

Uttarakhand

494

470

–5%

4

Nagaland

28

26

–6%

5

Sikkim

37

35

–5%

(Based on SGST & IGST settlement data for January 2026)

Conclusion

GST collections in January 2026 reached Rs 1.93 lakh crore, reflecting a 6.2% year-on-year increase and underscoring the resilience of India’s indirect tax system. The stronger growth in net GST revenues, supported by lower refund outflows, points to improved tax efficiency and compliance.

With April–January FY26 gross GST growth at 8.3% and registered GSTINs exceeding 9.29 crore, the overall trajectory remains positive as India progresses toward the close of FY26.

Also Read | GST Collections Rise 6.1% in December 2025 to Rs 1.75 Lakh Crore


Close

Let's Open Free Demat Account