India's GST Collections Rise 8.1% to Rs 1.83 Lakh Crore in February 2026

India's Goods and Services Tax (GST) collections rose 8.1% year-on-year to Rs 1.83 lakh crore in February 2026, driven by a 17.2% increase in import revenues and a 5.3% rise in domestic GST. Net GST revenue after refunds was Rs 1.61 lakh crore, up 7.9%. Refunds increased by 10.2%, with more than half going to exporters. GST rate cuts effective from September 2025 contributed to consumption growth, though some states reported below-average or negative growth, raising concerns among experts.