Overview

• September marked the second consecutive year-on-year increase in GST after August’s 6.5% rise.
• Net GST revenue was ₹1.60 lakh crore, up 5% year-on-year, as refunds surged 40.1% to ₹28,657 crore.
• Domestic GST rose 6.8% to ₹1.36 lakh crore and import-related collections increased 15.6% to ₹52,492 crore, with all components showing gains.
• The two-slab GST structure took effect on September 22, moving many items to 5% or 18% while keeping select sin and ultra‑luxury goods at higher rates.
• Second-quarter collections totaled ₹5.71 lakh crore, up 7.7% year-on-year versus 11.7% in Q1, and officials and analysts see near-term moderation as reforms filter through.