India's gross GST collections rise 15.4% to Rs 2.11 lakh crore in July
- Posted on August 1, 2026
- By Business News Today
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India's gross GST collections rise 15.4% to Rs 2.11 lakh crore in July
India's GST collections reached Rs 2.11 lakh crore in July 2026, reflecting a 15.4% growth year-on-year. The surge in revenue was largely driven by strong domestic performance, alongside a significant 28.8% leap in import tax collections. Together, these key elements propelled the remarkable fiscal results, underscoring the continuing upward trend in the nation's economic landscape.