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GST Collection Rise – February 2026 Data & Revenue Trends | UPSC GS 3

Context

Gross GST collections rose 8.1% YoY in Feb 2026 to ₹1.83 lakh crore.

GST Basics

Constitutional Basis

Rate Rationalisation

  • 375 items saw rate cuts
  • Slabs consolidated mainly to 5% & 18%
  • 40% retained for ultra-luxury/tobacco

Significance: Stable revenue despite rationalisation.

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PYQ – 2017, Ans – A
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GST Collection Rise – February 2026 Data & Revenue Trends | UPSC GS 3

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