GST Growth Dips to Five-Year Low, But Imports Are Thriving!

Hey there! So, the GST numbers are like a rollercoaster ride—up and down! In FY26, they grew just 5.57%, the slowest in five years, hitting Rs 23.32 trillion. Meanwhile, imports are like that buddy who always brings the good snacks—up 12.8%! Refunds are also soaring, up 17.8%. Let’s keep the fun going for FY27, alright?

Quick rundown

1.GST revenue growth hits a five-year low in FY26.

2.Import-driven GST collections surged 12.8%.

3.Maharashtra leads in absolute SGST contributions.

4.Haryana tops state-wise SGST growth with 22%.

5.GST policy changes needed for robust future collections.

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