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Net GST revenue rises 8% to ₹1.6 tn in Feb
Mint Bangalore
|March 02, 2026
The figure excludes GST compensation cess proceeds of over ₹5,000 cr
Gross GST collections before adjusting for refunds stood at ₹1.84 trillion, up 8.1% from a year earlier, excluding compensation cess, the data showed.
(PTI)
Central and state governments collected ₹1.61 trillion in goods and services tax (GST) in February after refunds, marking a 7.9% year-on-year increase, official data released on Sunday showed.
The figure excludes GST compensation cess proceeds of more than ₹5,000 crore received during the month. The cess was discontinued from 1 February after tobacco—the only commodity still attracting it following GST rationalization in September 2025—was moved into a new tax regime. The cess collection booked in February relate to sales in the previous month.
This story is from the March 02, 2026 edition of Mint Bangalore.
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