GST kitty swells 7.5% to Rs 1.96 lakh cr in July
'The government's timely refund process is also a great help to businesses, ensuring they have the working capital they need,' Agarwal added.
While July marked the seventh consecutive month with collections above Rs1.8 lakh crore, the figure was lower than the Rs2.1 lakh crore average seen in the first quarter of FY26.
In July, the total gross GST collection comprised Rs35,470 crore from Central GST, Rs44,059 crore from State GST, Rs1,03,536 crore from Integrated GST (including Rs51,626 crore from imports), and Rs12,670 crore from cess (including Rs1,086 crore from imports).
While July marked the seventh consecutive month with collections above Rs1.8 lakh crore, the figure was lower than the Rs2.1 lakh crore average seen in the first quarter of FY26. GST receipts had hit a record Rs2.37 lakh crore in April before easing to Rs2.01 lakh crore in May.
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