India's GST Collection Grows by 8.1% to ₹1.83 Lakh Crore in February 2026
India's Gross Goods and Services Tax (GST) collection reached over ₹1.83 lakh crore in February 2026, marking an 8.1% year-on-year increase. This growth was driven by higher revenues from imports (up 17.2%) and improved domestic sales. Despite the overall increase, some major states like Tamil Nadu and Madhya Pradesh reported negative growth. The government recently rationalized GST rates, slashing them on 375 items and merging four tax slabs (5%, 12%, 18%, 28%) into two primary slabs of 5% and 18%, with a 40% slab for luxury and tobacco products.
Key Points
- Total gross GST collection for February 2026 stood at ₹1.83 lakh crore, compared to ₹1.69 lakh crore in February 2025.
- Import revenue saw a significant jump of 17.2%, contributing heavily to the overall collection increase.
- The GST council has simplified the tax structure by merging the 12% and 18% slabs into a single 18% slab.
- A high 40% slab is maintained specifically for ultra-luxury goods and tobacco products.
- States like Tamil Nadu (-6%) and Madhya Pradesh (-8%) saw a decline in collections despite the national upward trend.
Exam Facts
- GST collection in February 2026: ₹1.83 lakh crore.
- The number of items with slashed GST rates: 375.
- New primary GST slabs: 5% and 18%.
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