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At a glance/Budget/GST growth
Budget · monthly

GST collections, growth over a year earlier

The percentage change in gross GST collections (excluding cess) from the same month a year earlier.

Sep 2026● Fresh
14.7%
Next release expected around 2026-11-01.
Previous14.8Aug 2026
Average, last 5 readings12.4May 2026 to Sep 2026
Highest15.4Jul 2026
Lowest0.7Nov 2025

Over time

0510152014.72025-102026-012026-042026-09
Months before October 2025 are the year-ago figures printed in the next year's release.CSV
View as a table
PeriodValueStatusBase
2026-0914.7
2026-0814.8
2026-0715.4
2026-0613.9
2026-053.2
2026-048.7
2026-038.8
2026-028.1
2026-016.2
2025-126.1
2025-110.7
2025-107.6
Why it matters

Comparing with the same month removes the seasonal pattern. Growth fell to under 1% in November 2025 after the September 2025 rate cuts and recovered to double digits by mid-2026 as imports swelled.

What it leaves out

A base effect can distort a single month: May 2025 included a one-off spectrum payment of about ₹10,000 crore, which depressed May 2026's growth to 3.2%.

How we compute it

This month's gross GST (excluding cess) divided by the same month a year earlier, minus 1, × 100.

RelatedGST collections →
Past-paper questionsIndian public finance and the Union Budget →Taxation: incidence and efficiency →
Source · Ministry of Finance (GST) and Ministry of Commerce and Industry (trade), monthly press releases via PIB (entered by hand) · PIB: may be reproduced free of charge with the source acknowledged
Unit · % · worked out by us
Release · Ministry of Finance's monthly release, on the 1st of the following month.
Last checked · 2026-10-22 · freshness of every number →
Series id · public-finance.gst.growth