After adjusting for refunds, net GST revenue stood at Rs. 1.69 lakh crore, up 0.6% year-on-year. Collections under CGST, SGST and IGST all recorded growth, while compensation cess showed a decline.Of the total, CGST accounted for Rs. 36,547 crore, SGST Rs. 45,134 crore and IGST Rs. 1,06,443 crore, including imports. Cess collections amounted to Rs. 7,812 crore. For the April-October period of FY26, GST revenues rose 9% to Rs. 13.89 lakh crore, compared to Rs. 12.74 lakh crore in the same period last fiscal.Although gross GST revenue for October increased 12.84% year-on-year to Rs. 50,884 crore, domestic revenue grew modestly at 2%, totalling Rs. 1.45 lakh crore. After refunds, net domestic GST revenue remained flat at Rs. 1.31 lakh crore. Net customs revenue during the month rose 2.5% to Rs. 37,210 crore.Officials said the steady performance, despite tax rate cuts on several insurance and personal finance products, reflects resilient economic activity and improved compliance across sectors.

GST collection rises 4.6% in October to Rs. 1.96 lakh crore despite tax cuts

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