GST Collections June 2026 Cross ₹1.94 Lakh Crore, Up 13.9% YoY
AuthorMehul Jagwani
Reviewed ByCA Ajay Savani
Summary:
India’s gross GST collection in June 2026 stood at ₹1,94,812 crore — up 13.9% YoY over ₹1,71,105 crore in June 2025. This is the fastest monthly YoY growth in 13 months. After refunds of ₹32,436 crore, net collection was ₹1,62,377 crore (+11.2% YoY). Q1 FY 2026-27 closes at ₹6,31,699 crore gross — up 8.4% over Q1 FY26.
June is never just another month on the GST calendar. It closes Q1 — the quarter that sets the tone for the entire financial year.
India’s gross GST collection in June 2026 reached ₹1,94,812 crore, a 13.9% year-on-year increase over ₹1,71,105 crore in June 2025. That 13.9% is the fastest monthly YoY growth the GST system has seen in 13 months.
But the real story is where the growth came from. Domestic GST revenue grew a steady 6.5% to ₹1,34,774 crore. Import-related GST surged 34.6% to ₹60,038 crore. The headline growth is overwhelmingly import-driven — a signal that India’s economic momentum is being shaped as much by external trade dynamics and port throughput as by domestic consumption.
Meanwhile, refunds of ₹32,436 crore (+29.1%) — with domestic refunds up 42.9% — point to an active push to clear pending Input Tax Credit claims. Good for business liquidity. It does compress net growth to 11.2%, but that is refund mechanics at work, not weakness.
GST Collection in June 2026: Key Highlights & Revenue Data
June 2026 gross GST collection: ₹1,94,812 crore — up 13.9% YoY from ₹1,71,105 crore in June 2025.
- Fastest monthly YoY growth in 13 months — a sharp acceleration from May 2026’s ~3.2%.
- Import-led surge: Import GST jumped 34.6% to ₹60,038 crore, far outpacing domestic growth of 6.5%.
- Q1 FY27 closes at ₹6,31,699 crore in cumulative gross GST — 8.4% above Q1 FY26.
- Net collection after refunds: ₹1,62,377 crore — up 11.2% YoY.
Two signals worth noting:
Import revenue is the real engine: At ₹60,038 crore, import GST grew 34.6% YoY — accounting for the bulk of the headline growth. Rising trade volumes, higher customs-assessed values, and strong port activity are all contributing. The Q1 FY27 cumulative import figure (₹1,77,273 crore, +26.2%) confirms this is not a one-month spike. Net customs GST revenue grew an even sharper 42.2% to ₹45,370 crore.
Refund acceleration is real: Total refunds hit ₹32,436 crore (+29.1%). Domestic refunds via CGST, SGST, and IGST channels jumped 42.9% to ₹17,767 crore. Export refunds via ICEGATE grew 15.6% to ₹14,669 crore. The government is clearing the backlog — excellent for working capital, even though it compresses the gross-to-net margin.
Breaking Down the Numbers: What’s Inside ₹1,94,812 Crore?
Gross domestic collection of ₹1,34,774 crore comprised CGST of ₹37,376 crore, SGST of ₹45,116 crore, and IGST on domestic supplies of ₹52,282 crore. IGST on imports stood at ₹60,038 crore.
Component-wise Breakdown
| Component | Amount (₹ Crore) |
| CGST (Central GST) | ₹37,376 |
| SGST (State GST) | ₹45,116 |
| IGST — Domestic | ₹52,282 |
| IGST — Imports | ₹60,038 |
| Total Gross GST Collection | ₹1,94,812 |
| Total Refunds | ₹32,436 |
| Net GST Collection | ₹1,62,377 |
Refund Breakdown
| Refund Type | June 2025 (₹ Cr) | June 2026 (₹ Cr) | Growth |
| Domestic Refunds (CGST + SGST + IGST) | ₹12,432 | ₹17,767 | 42.9% |
| Export Refunds via ICEGATE | ₹12,688 | ₹14,669 | 15.6% |
| Total Refunds | ₹25,121 | ₹32,436 | 29.1% |
Net Revenue Breakdown
| Component | June 2025 (₹ Cr) | June 2026 (₹ Cr) | Growth |
| Net Domestic Revenue | ₹1,14,073 | ₹1,17,007 | 2.6% |
| Net Customs (GST) Revenue | ₹31,911 | ₹45,370 | 42.2% |
| Total Net Revenue | ₹1,45,984 | ₹1,62,377 | 11.2% |
What the Numbers Tell Us
Domestic growth at 6.5% is solid but not spectacular. It reflects steady consumption, growing formalization, and organic business activity — a healthy baseline, not a headline-grabber.
The import story is where the action is. A 34.6% jump — ₹60,038 crore versus ₹44,600 crore last year — is dramatic. Rising commodity and capital goods imports, elevated customs valuations, and pre-monsoon stocking across sectors are all likely contributors. The economy is actively pulling in external goods — a demand signal, not a weakness.
The 42.9% surge in domestic refunds is unambiguously positive for businesses waiting on Input Tax Credit settlements. Faster processing means improved liquidity and reduced working capital stress, especially for exporters. It also explains why net growth (11.2%) trails gross growth (13.9%) by nearly three percentage points.
Net customs revenue at ₹45,370 crore (+42.2%) is the sharpest growth segment in the entire June dataset.
Q1 FY 2026-27: The Full Picture
| Metric | Apr-Jun FY26 (₹ Cr) | Apr-Jun FY27 (₹ Cr) | Growth |
| Total Gross GST Revenue | ₹5,82,542 | ₹6,31,699 | 8.4% |
| Gross Domestic Revenue | ₹4,42,118 | ₹4,54,427 | 2.8% |
| Gross Import Revenue | ₹1,40,424 | ₹1,77,273 | 26.2% |
| Total Refunds | ₹78,355 | ₹91,482 | 16.8% |
| Total Net GST Revenue | ₹5,04,187 | ₹5,40,218 | 7.1% |
The Q1 composition confirms the pattern. Domestic revenue grew just 2.8% cumulatively; import revenue surged 26.2%. The entire Q1 over-performance is import-driven.
Whether this sustains through Q2 depends on global commodity prices, trade policy, rupee trajectory, and monsoon-linked demand. The 8.4% cumulative Q1 growth is broadly in line with government revenue expectations, but the Centre will be watching domestic momentum closely.
State-wise GST Collection in June 2026: Key Movers
State-level data for June 2026 reveals sharp divergences — some states surging, others hit by settlement mechanics or cyclical headwinds.
Top Performers — Domestic GST Collection
Uttar Pradesh led large-state growth: ₹9,165 crore, up 19% YoY. Expanding manufacturing, FMCG distribution, and improving compliance infrastructure are driving the surge. Post-settlement SGST also grew 10% to ₹7,572 crore.
Gujarat collected ₹11,743 crore (+12%), with post-settlement SGST showing a striking 27% surge to ₹7,800 crore. The industrial corridor continues to deliver.
Karnataka posted ₹12,937 crore (+10%). Maharashtra led all states in absolute terms at ₹30,714 crore (+9%), with post-settlement SGST at ₹16,430 crore (+8%).
Haryana (₹10,065 crore, +9%), Telangana (₹5,050 crore, +11%), Kerala (₹3,159 crore, +11%), Punjab (₹2,491 crore, +14%), and Assam (₹1,492 crore, +17%) all posted double-digit domestic growth.
Among smaller states, Manipur (+62%) and Andaman & Nicobar (+53%) delivered the highest percentage growth off small bases. Goa posted 11% at ₹604 crore.
Two stand-outs: Dadra and Nagar Haveli and Daman & Diu recorded an extraordinary 158% surge in post-settlement SGST (₹63 crore to ₹162 crore) — likely driven by one-time IGST settlement flows or a large industrial transaction. Meghalaya saw 52% pre-settlement growth and 24% post-settlement growth — worth monitoring.
Decliners
Sikkim collapsed 53% to ₹170 crore in domestic collections — the steepest decline nationally. Likely linked to IGST settlement timing and inherent small-economy volatility.
Jharkhand posted -15% pre-settlement SGST decline, but the post-settlement picture is far starker: a 43% drop from ₹1,332 crore to ₹757 crore. Almost certainly a settlement adjustment artefact, not a structural red flag.
Uttarakhand (-21% pre-settlement) rebounded to +18% post-settlement — settlement mechanics correcting the optical decline. Himachal Pradesh (-26% domestic), Puducherry (-28%), and Jammu & Kashmir (-15%) were also in negative territory.
Tamil Nadu (₹9,776 crore, -2%) and Rajasthan (₹4,173 crore, -5%) saw marginal domestic declines — worth watching but not alarming given their historically strong compliance bases.
Complete State-wise SGST Collection Table — June 2026
Post-settlement figures include the SGST portion of IGST distributed to each State/UT.
| State / UT | Pre-Settlement SGST Jun-25 (₹ Cr) | Pre-Settlement SGST Jun-26 (₹ Cr) | Growth (%) | Post-Settlement SGST Jun-25 (₹ Cr) | Post-Settlement SGST Jun-26 (₹ Cr) | Growth (%) |
| Jammu and Kashmir | 214 | 215 | 0% | 611 | 667 | 9% |
| Himachal Pradesh | 214 | 219 | 3% | 486 | 531 | 9% |
| Punjab | 783 | 865 | 11% | 2,405 | 2,446 | 2% |
| Chandigarh | 59 | 64 | 9% | 184 | 205 | 11% |
| Uttarakhand | 549 | 434 | -21% | 793 | 939 | 18% |
| Haryana | 2,120 | 2,148 | 1% | 3,641 | 4,175 | 15% |
| Delhi | 1,316 | 1,419 | 8% | 2,692 | 2,863 | 6% |
| Rajasthan | 1,515 | 1,523 | 1% | 3,565 | 3,760 | 5% |
| Uttar Pradesh | 2,912 | 3,249 | 12% | 6,864 | 7,572 | 10% |
| Bihar | 842 | 835 | -1% | 2,607 | 2,666 | 2% |
| Sikkim | 31 | 34 | 10% | 82 | 89 | 9% |
| Arunachal Pradesh | 47 | 45 | -3% | 167 | 152 | -9% |
| Nagaland | 42 | 41 | -3% | 108 | 110 | 2% |
| Manipur | 19 | 30 | 62% | 79 | 89 | 12% |
| Mizoram | 15 | 15 | 4% | 77 | 74 | -4% |
| Tripura | 43 | 44 | 1% | 147 | 127 | -14% |
| Meghalaya | 36 | 54 | 52% | 118 | 147 | 24% |
| Assam | 522 | 614 | 18% | 1,255 | 1,437 | 15% |
| West Bengal | 1,970 | 1,908 | -3% | 3,764 | 3,869 | 3% |
| Jharkhand | 781 | 663 | -15% | 1,332 | 757 | -43% |
| Odisha | 1,506 | 1,687 | 12% | 1,984 | 1,818 | -8% |
| Chhattisgarh | 746 | 857 | 15% | 1,212 | 998 | -18% |
| Madhya Pradesh | 1,168 | 1,158 | -1% | 2,859 | 2,774 | -3% |
| Gujarat | 3,791 | 4,333 | 14% | 6,150 | 7,800 | 27% |
| Dadra and Nagar Haveli and Daman & Diu | 59 | 73 | 23% | 63 | 162 | 158% |
| Maharashtra | 9,839 | 9,924 | 1% | 15,265 | 16,430 | 8% |
| Karnataka | 3,855 | 4,118 | 7% | 6,765 | 7,542 | 11% |
| Goa | 193 | 234 | 21% | 342 | 408 | 19% |
| Lakshadweep | 0 | 1 | 53% | 7 | 8 | 22% |
| Kerala | 1,305 | 1,462 | 12% | 2,851 | 3,090 | 8% |
| Tamil Nadu | 3,728 | 3,639 | -2% | 6,324 | 6,952 | 10% |
| Puducherry | 48 | 47 | -1% | 120 | 140 | 16% |
| Andaman & Nicobar Islands | 15 | 22 | 41% | 49 | 56 | 16% |
| Telangana | 1,708 | 1,843 | 8% | 3,585 | 3,994 | 11% |
| Andhra Pradesh | 1,225 | 1,246 | 2% | 2,591 | 3,144 | 21% |
| Ladakh | 14 | 13 | -5% | 52 | 51 | -3% |
| Other Territory | 41 | 38 | -7% | 127 | 203 | 60% |
| Grand Total | 43,268 | 45,116 | 4% | 81,322 | 88,242 | 9% |
Note: Post-settlement SGST figures include the SGST portion of IGST distributed to each State/UT. Data is provisional as on 30th June 2026.
June 2026 in Context: How Does It Stack Up?
One month’s number is informative. A trend tells the story.
| Month | Gross GST Collection (₹ Crore) | YoY Growth |
| June 2025 | 1,71,105 | — |
| July 2025 | ~1,82,000 | ~10.3% |
| August 2025 | ~1,74,962 | ~6.5% |
| September 2025 | ~1,73,240 | ~6.5% |
| October 2025 | ~1,87,346 | ~8.9% |
| November 2025 | ~1,82,269 | ~8.5% |
| December 2025 | ~1,75,000 | ~6.1% |
| January 2026 | ~1,92,447 | ~12.3% |
| February 2026 | ~1,83,609 | ~9.1% |
| March 2026 | ~2,00,064 | ~9.9% |
| April 2026 | 2,42,702 | 8.7% |
| May 2026 | ~1,94,184 | ~3.2% |
| June 2026 | 1,94,812 | 13.9% |
(Note: Figures prefixed with “~” are approximate. April, May, and June 2026 are exact as per official data.)
After moderate 6-7% growth through mid-2025, collections began accelerating from October onwards. January 2026 crossed 12%. April 2026 was the highest-ever monthly collection at ₹2,42,702 crore, though its 8.7% YoY was aided by year-start filing activity.
May 2026 then dipped to ~3.2% — which some flagged as a slowdown signal. June’s 13.9% puts that concern to rest. The May dip was likely a transient blip driven by fewer working days or GSTR-3B filing timing, not structural weakening.
At ₹1,94,812 crore, June 2026 is now the second-highest non-April gross collection on record, edging past January 2026’s ~₹1,92,447 crore.
Frequently Asked Questions (FAQs)
1. What is the total GST collection in June 2026?
India’s gross GST collection in June 2026 stood at ₹1,94,812 crore — a 13.9% increase over ₹1,71,105 crore in June 2025. This is the fastest monthly YoY growth in 13 months.
2. What is the net GST collection in June 2026?
After refunds of ₹32,436 crore, net GST collection in June 2026 was ₹1,62,377 crore, up 11.2% YoY from ₹1,45,984 crore in June 2025.
3. Why did GST collections grow so sharply in June 2026?
The 13.9% growth was primarily driven by a 34.6% surge in import-related GST revenue (₹60,038 crore). Domestic collections grew at a more moderate 6.5% to ₹1,34,774 crore.
4. Which states collected the highest GST in June 2026?
Maharashtra led with ₹30,714 crore in domestic collections, followed by Karnataka (₹12,937 crore), Gujarat (₹11,743 crore), and Haryana (₹10,065 crore). Uttar Pradesh was the top growth performer at ₹9,165 crore (+19%).
5. What is the Q1 FY 2026-27 cumulative GST collection?
Gross GST collection for April–June FY27 reached ₹6,31,699 crore (+8.4% over Q1 FY26). Net collection stood at ₹5,40,218 crore (+7.1%). Import revenue was the primary growth driver at +26.2%.
6. How much GST refund was issued in June 2026?
The government issued ₹32,436 crore in GST refunds in June 2026, up 29.1% over ₹25,121 crore in June 2025. Domestic refunds rose 42.9% to ₹17,767 crore, while ICEGATE export refunds grew 15.6% to ₹14,669 crore.
Data Source:
1. GST.gov.in
2. TOI
Disclaimer: "This blog post is for informational purposes only. For specific tax advice related to your business, please consult a qualified Chartered Accountant or GST practitioner."
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