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<h1>Customs and GST revenues projected modest growth for FY2026-27 amid FTAs, exemptions and rate cuts, per CBIC.</h1> The government projects 5% Customs growth to Rs 2.71 lakh crore and 6.3% GST growth to Rs 10.19 lakh crore for FY2026-27, with GST buoyancy at 0.94 despite rate cuts on about 375 items and end of the compensation cess. The CBIC cites expanded FTAs, customs duty exemptions for capital goods and PLI-linked manufacturing, and tapering edible oil imports as reasons for conservative Customs projections.