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Taxation |
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GST collections rise 6.2% in January on higher import revenues, cess collection slips to Rs 5,768 cr
02-Feb-2026
Gross GST collections rise 6.2% in January to over Rs 1.93 lakh crore. The increase in January GST collection was mainly on higher revenues from imports, according to PTI.
Total refunds declined 3.1% to Rs 22,665 crore. Net Goods and Services Tax (GST) revenues, however, grew 7.6% to about Rs 1.71 lakh crore in January.
Cess collection (from tobacco products) in January stood at Rs 5,768 crore. This compares to Rs 13,009 crore in collections in January last year when a cess was levied on luxury, sin and demerit goods such as cars, and tobacco products.
GST rationalisation dents domestic collections as import taxes rise
News Source:- https://www.financialexpress.com/business/news/gst-collections-rise-6-2-in-january-on-higher-import-revenues-cess-collection-slips-to-rs-5768-cr/4126513/
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