Gross GST collections in January rise 6.2% to Rs 1.93 lakh crore, net revenue up 7.6%
Total domestic GST collections for April-January FY26 stood at Rs 13,49,795 crore, up 6.6 per cent from Rs 12,66,741 crore in the previous financial year.Import-related GST continued its robust performance, with revenue increasing to Rs 52,253 crore in January 2026, from Rs 47,453 crore in the same month last year, reflecting a 10.1 per cent growth.
For April-January FY26, GST on imports totaled Rs 4,93,628 crore, a rise of 13.4 per cent compared to the previous year.After factoring in refunds, total GST payouts in January 2026 were Rs 22,665 crore, down 3.1 per cent from Rs 23,393 crore in January 2025.
So far in the current financial year, cumulative refunds reached Rs 2,47,672 crore, up 18.9 per cent over last year.Net GST revenue for January 2026, after accounting for refunds, stood at Rs 1,70,719 crore, marking a 7.6 per cent increase over Rs 1,58,701 crore collected in the same month in 2025.Breaking it down by component, Central GST (CGST) for January was Rs 38,792 crore, State GST (SGST) collected Rs 47,817 crore, and Integrated GST (IGST) amounted to Rs 1,06,775 crore.
Net compensation cess for the month was recorded at Rs 5,768 crore.Government sources noted that the January figures are provisional and may change during final settlement.
They added that the data “indicates stable consumption trends and steady tax compliance, supporting revenue growth during the current financial year.”