Topic
collections
July GST collections up 15.4% to Rs 2.1 L cr on higher imports
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Business India's GST Collections Jump 15.4% to Over Rs 2.11 Lakh Crore in July
India's gross GST collections rose 15.4% year-on-year to over Rs 2.11 lakh crore in July, according to government data. Refunds climbed 13.1% to Rs 29,968 crore, while net GST revenue stood at over Rs 1.81 lakh crore. KPMG's Abhishek Jain called the momentum healthy and suggested exploring 'GST 3.0' for refunds on input services.
Business GST Revenue Grows 13.9% in June to Rs 1.94 Lakh Crore, Driven by Import Taxes
India's gross GST collections rose 13.9% year-on-year to Rs 1,94,812 crore in June 2026, driven by a 34.6% surge in import-related tax revenue. Net GST after refunds increased 11.2% to Rs 1,62,377 crore. The Finance Ministry data also showed strong domestic growth of 6.5% and higher refund disbursements, signalling improving tax administration.
Logistics As Brokers Go Bankrupt, Transportation Collections Evolve Beyond Just Getting Paid
Transportation collections have evolved beyond simple invoice recovery into a specialized field involving fraud detection, legal disputes, and business relationship preservation. The prolonged freight downturn and rise in broker bankruptcies have forced collections agencies like Freight Recovery Specialists to offer mediation, reputation management, and creative settlements.