The net Goods and Services Tax (GST) collections for March increased to Rs 1.78 lakh crore, registering an uptick of 8.2% compared to the previous month, according to official data released on Wednesday.
The Gross GST revenue for March stood at Rs 2 lakh crore, which is an 8.8% increase over the same month last year.
The refunds for March totalled Rs 0.22 lakh crore, up 13.8% on a year-on-year basis, which resulted in net GST collections of Rs 1.78 lakh crore, while the domestic GST revenue reached Rs 1.46 lakh crore, registering a growth of 5.9%.
Further, the revenue from imports was recorded at Rs 0.54 lakh crore, rising sharply by 17.8% during the period.
Those states who recorded an uptick in the post-settlement SGST collections were Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Gujarat, Maharashtra, Karnataka, Kerala, Tamil Nadu, Telangana, and Andhra Pradesh, among others.
Jammu and Kashmir, Chandigarh, Delhi, Arunachal Pradesh, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Chhattisgarh and Madhya Pradesh, among others, registered a decline in post-settlement SGST revenues.
For the financial year 2026, 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.