GST revenue grows 13.9% in June, collections touch Rs 1.94 lakh crore

AI Summary

India's GST revenue grew 13.9% in June 2026, reaching Rs 1.95 lakh crore, driven by a strong 34.6% increase in import tax collections. This growth reflects the strengthening and resilience of India's tax system despite global challenges, supported by improved tax administration and increased refund payments aiding business liquidity.

India's GST collections surged 13.9% to Rs 1.95 lakh crore in June 2026, fueled by a significant 34.6% jump in import tax revenues. This robust growth, despite global uncertainties, highlights the maturing and resilient nature of India's tax system. Increased refund disbursements also supported business liquidity, demonstrating improved tax administration and a predictable revenue framework.