Mumbai, April 1 -- India's Goods and Services Tax (GST) collections rose above the Rs 2 lakh crore mark in March 2026, recording a robust year-end push in economic activity and compliance. Gross GST collections for March stood at Rs 2,00,064 crore, while net collections-after refunds, came in at Rs 1,77,990 crore. For the financial year FY26 (April-March), gross GST revenues rose to Rs 22.27 lakh crore, marking an 8.3% increase over Rs 20.55 lakh crore recorded in FY25. Net GST collections for FY26 came in at Rs 19.34 lakh crore, up 7.1% compared to Rs 18.07 lakh crore in the previous fiscal year.
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