The Government of India in July 2026 generated additional revenue of ₹2.11 lakh crore from the Gross Goods and Services Tax imposed by the government, which increased by 15.4% from last year.

This impressive financial performance is due mainly to the large increase in the amount of GST collected from imports and steady growth in domestic revenues. This acceleration is compared to net revenue of ₹1.83 lakh crore during the same period in July 2025.

Strong surge and refund breakdown

The distribution of the gross collections reveals some different patterns of growth across domestic and international trade. Revenue from the gross domestic GST increased by 10.1% to ₹1.45 lakh crore during July 2026 from ₹1.31 lakh crore in July last year.

Income from foreign products exhibited significantly stronger momentum. Import surcharge revenues in particular increased by a climbing 28.8%, from ₹51,626 crore in July 2025 to ₹66,511 crore in July 2026.

The net GST collections tracked a similar upward trend once tax refunds disbursed during the period are excluded. Net GST revenues increased to ₹1.81 lakh crore in July 2026 by 15.8% as compared to ₹1.57 lakh crore in the year before.

On a net revenue per item basis, net domestic revenue growth rate was 10.5% and increased to ₹1.27 lakh crore. Through customs-related GST, total net revenues noted a significant surge of 30.3% to reach a figure of ₹54223 crore.

Growth also occurred at the overall level of the refund mechanism during the month under report. The government refunded ₹29,968 crore on aggregate in July 2026, an increase of 13.1% from the total disbursement of ₹26,495 crore in July 2025. 

Domestic refund payouts increased by 7.3% to reach ₹17,680 crore. The export-related refunds through the ICEGATE portal have grown by 22.7% in the current month, reaching ₹12,288 crore.

Financial performance and geographic trends

The growth measures of the current financial year have indicated an unbroken positive performance so far. The gross collections of GST through April-July 2026 have been reported at ₹8.43 lakh crore after a 10.1% rise from the gross collection of ₹7.66 lakh crore that was recorded through the same four-month period last year.

The net GST revenue of April-July 2026 witnessed a 9.2% increase to stand at ₹7.21 lakh crore. It was observed at ₹6.61 lakh crore during the corresponding period of the previous financial year. Regional-level revenues have witnessed strong performance in various leading industrial states along with geographical disparity.

Maharashtra has reported the highest revenue collection among all states with a total of ₹32,210 crore in July 2026, growing by 13% year on year. Gujarat’s revenue collection has seen an increase of 19% to reach ₹12,923 crore. Karnataka’s collections are up by 12% to reach ₹13,854 crore. 

Telangana’s revenue collection has seen an increase of 19% to ₹5,819 crore. The collections of Uttar Pradesh have seen an increase of 15% to ₹9,651 crore. Revenue collection statistics reveal contraction in revenue generation in many states.

The GST revenue of Tamil Nadu decreased by 1% and that of Andhra Pradesh by 5%. Madhya Pradesh posted a revenue contraction of 10%. Tax collection declines were sharper in northern and hill areas, with Himachal Pradesh posting a 22% decline, Uttarakhand a 18% fall and Sikkim having a steep 59% contraction in tax collection.

Conclusion

The gross GST collection for July 2026 shows a strong performance in fiscal results, with the main contributor being the sharp 28.8% increase in import-related tax revenues, while domestic tax gains built on single-digit growth.

The figures showed a mixed picture across states, with the major manufacturing and civil commercial hubs, Maharashtra, Gujarat, and Karnataka, observing double-digit increases while other areas saw rates of decline across hill regions. The Goods and Services Tax Department pointed out that the value of the published figures is provisional and may undergo minor adjustments on final reconciliation.