India’s gross GST receipts rise 22.9% in October
India’s gross goods and services tax receipts reached 2,312.9 billion rupees in October 2026, up 22.9% year on year, according to provisional figures published on 1 November and reported by Indian media.
Domestic receipts rose 15.8% to 1,590.44 billion rupees. Tax on imports grew faster, by 42.2%, to 722.46 billion. The two components therefore grew at different rates: the overall increase does not by itself describe domestic consumption.
After refunds of 279.34 billion rupees, net receipts stood at 2,033.56 billion, up 25.6% year on year. Gross receipts for April–October reached about 14,775.69 billion, an increase of 13.2%. The figures remain provisional.