State Records ₹19,680 Crore SGST Collection in First Four Months, Outpaces National Growth
CHANDIGARH (Economy India): : Haryana has continued its strong fiscal performance by retaining the top position among Indian states in the growth of post-settlement State Goods and Services Tax (SGST) collections during the first four months of the financial year 2026-27.
According to an official statement citing the latest data released by the Central Board of Indirect Taxes and Customs (CBIC), Haryana registered a 31% year-on-year growth in post-settlement SGST collections between April and July 2026, reinforcing its position as one of the country’s fastest-growing state economies.
July SGST Collection Surges 28%
In July 2026, Haryana collected ₹5,135 crore in post-settlement SGST, compared to ₹4,027 crore in July 2025, reflecting a robust 28% annual growth.
The state’s growth rate is more than double the national average of 13%, highlighting stronger tax compliance, increased economic activity, and improved revenue administration.
Four-Month Collection Nears ₹20,000 Crore
For the April–July 2026 period, Haryana’s post-settlement SGST collection reached ₹19,680 crore, significantly higher than ₹15,055 crore collected during the same period of the previous financial year.
The impressive 31% increase demonstrates sustained momentum in the state’s revenue generation and fiscal management.
- July 2026 SGST Collection: ₹5,135 crore
- July 2025 Collection: ₹4,027 crore
- Year-on-Year Growth: 28%
- April–July FY27 Collection: ₹19,680 crore
- April–July FY26 Collection: ₹15,055 crore
- Four-Month Growth: 31%
- National Average Growth (July): 13%
- Haryana: Highest SGST collection growth among Indian states
Strong Revenue Performance Continues
The latest figures indicate that Haryana has successfully maintained the leadership it achieved in FY 2025-26, when it recorded the highest SGST collection growth among all states.
Officials attribute the continued growth to:
- Improved GST compliance
- Efficient tax administration
- Expansion in business and industrial activity
- Strong economic momentum across sectors
Positive Signal for State Economy
Higher GST collections are widely viewed as an indicator of increased consumption, business transactions, and formal economic activity. The sustained rise in Haryana’s tax revenue is expected to strengthen the state’s fiscal position and provide additional resources for infrastructure development, public services, and welfare programmes.
(Economy India)
