India's GST Collections Jump 22.9% to ₹2.31 Lakh Crore in October; Assam Records 47% Growth

# India's GST Collections Jump 22.9% to ₹2.31 Lakh Crore in October; Assam Records 47% Growth **NEW DELHI, November 2, 2026:** India's Goods and Services Tax (GST) collections recorded a significant increase in October 2026, rising 22.9 per cent year-on-year to ₹2,31,290 crore, according to provisional government data. The latest figures represent one of the highest monthly GST collections since the introduction of the tax system in July 2017. ### Domestic and Import Revenue Both Increase GST collections from domestic transactions increased by 15.8 per cent to ₹1,59,044 crore compared with October last year. Revenue from imported goods recorded a stronger increase of 42.2 per cent, reaching ₹72,246 crore. After adjusting for refunds, net GST revenue increased by 25.6 per cent to ₹2,03,356 crore. Total refunds during October stood at ₹27,934 crore. ### Assam Records 47 Per Cent Growth Assam recorded a 47 per cent increase in domestic GST collections in October, according to state-wise figures reported by Mint. The growth placed Assam at the top among the states covered in the reported comparison. Jharkhand recorded 31 per cent growth, while Madhya Pradesh reported an increase of 29 per cent. The figures highlight a strong increase in reported GST revenue from domestic transactions in Assam during the month. ### National Collections Remain Above ₹2 Lakh Crore October marked another month in which India's gross GST collections remained above ₹2 lakh crore. Between April and October of the current financial year, cumulative gross GST collections reached approximately ₹14.78 lakh crore, registering 13.2 per cent growth compared with the corresponding period last year. The October figures provide an update on tax revenue and economic activity across the country. However, GST collections alone do not represent the complete picture of economic growth. The provisional figures may be subject to official revision.