India’s Gross GST revenue in August 2026 reached ₹1.99 lakh crore, registering a 14.8% year-on-year growth over August 2025. The strong collection reflects robust domestic consumption, improved tax compliance, and continued growth in manufacturing and services.
📊 Key Facts
- GST Collection: ₹1.99 lakh crore
- YoY Growth: 14.8%
- CGST: ~₹35,000 crore
- SGST: ~₹44,000 crore
- IGST: ~₹95,000 crore
- Cess: ~₹25,000 crore
- GST introduced: 1 July 2017
- Tagline/Concept: “One Nation, One Tax”
About GST (Goods and Services Tax)
- Introduced: 1 July 2017
- Nature: Indirect tax replacing multiple levies like excise duty, service tax, VAT.
- Structure:
- CGST: Collected by the Centre on intra-state sales.
- SGST: Collected by States on intra-state sales.
- IGST: Collected by Centre on inter-state sales and imports.
- Objective: “One Nation, One Tax” – to simplify taxation, remove cascading effect, and create a unified national market.
