India’s gross Goods and Services Tax collections reached ₹2,03,521 crore in September, an increase of 14.7 per cent on the government’s year-on-year comparison. The provisional figures were released on Thursday, October 1. Reuters, Moneycontrol and Business Standard’s PTI report independently carried the new revenue release.
Revenue from domestic transactions rose 10.1 per cent to about ₹1.38 lakh crore. Import-linked collections rose about 26 per cent to ₹65,525 crore. These are receipts recorded under different parts of the tax system; the faster import growth should not be presented as an equivalent rise in household consumption.
Refunds totalled ₹27,001 crore, roughly three per cent lower than a year earlier. After refunds, net GST revenue was ₹1,76,520 crore, up 18.1 per cent. Gross and net collections therefore answer different questions: one is the amount collected before refunds, the other is what remains after them.
The reported growth follows the official comparable-tax basis. CBIC had explained in September that discontinued compensation cess is excluded when comparing the continuing levies. April–September gross receipts were about ₹12.46 lakh crore, up 11.6 per cent. The release is a revenue measure, not a new tax-rate notification or a forecast of future growth.