GST collections hit 14-month high in July, cross Rs 2 lakh crore for second time in FY27

Gross GST mop-up rises 15.4% year-on-year to Rs 2.11 lakh crore, driven by strong import tax collections and double-digit growth in domestic revenues

GST collections in July (Courtesy: AI generated)

July GST collections hit Rs 2.11 lakh crore.

15.4% YoY growth, fastest in 14 months.

Import GST up 28.8%, domestic up 10.1%.

Ishaan Gera