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October 2026 GST data: Figures, drivers and caveats

Gross GST collections rose 22.9% to about Rs 2.31 lakh crore in October 2026, with import-related revenue up 42.2%, according to provisional Finance Ministry data.

October 2026 GST data: Figures, drivers and caveats
Indian 1-rupee note (representative image), Wikimedia Commons, GODL-India

Provisional Finance Ministry data released on November 1, 2026, and reported by The Tribune and Nation Press, shows gross GST of about Rs 2.31 lakh crore, up 22.9%.

Import-related revenue rose 42.2% and domestic GST rose 15.8%, with net revenue after refunds up 25.6%.

Reports differ on how to rank the month against earlier ones, and one report’s view that prices may explain part of the import rise is an interpretation.

The final figures may be revised.

The domestic figure breaks down into Rs 42,935 crore of central GST, Rs 51,340 crore of state GST and Rs 64,769 crore of integrated GST on domestic transactions, according to the reports.

Imports made up roughly 31% of gross collections, and domestic transactions made up roughly 69%, going by the reported figures.

Among states, Maharashtra recorded Rs 35,150 crore of domestic GST, up 13%, and Karnataka recorded Rs 15,922 crore, up 18%, according to The Tribune.

Gujarat recorded Rs 13,516 crore, up 16%, and Haryana Rs 11,529 crore, up 17%, according to the same report.

Assam recorded Rs 1,934 crore, up 47%, among the strongest increases reported for a state, and Uttar Pradesh and Bihar were each up 24%, according to The Tribune.

For April to October of 2026-27, gross GST collections were about Rs 14.77 lakh crore, up 13.2% from about Rs 13.05 lakh crore, according to the reports.

Net GST revenue for April to October was about Rs 12.69 lakh crore, up 12.6%, according to the reports.

Cumulative refunds for April to October were about Rs 2.08 lakh crore, up 16.9%, according to Nation Press.

Nation Press says the festive season, including Navratri and Dussehra, supported consumption, but describes this as typical and not a measured cause.

Nation Press also quotes the author’s view that some of the import jump may reflect higher prices and not only higher volumes, which is an interpretation and not an official finding.

Indian 1-rupee note (representative image), Wikimedia Commons, GODL-India

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