GST collections News

July GST Collections Show 7.5% Growth, Yet Lag Behind Previous Year's Performance

GST collections in July rose by 7.5% to Rs 1,95,735 crore, showing signs of recovery but at a slower pace than last year. Domestic and import collections varied, with refunds signi...

India's Manufacturing Sector Hits 16-Month Peak as GST Collections Surge by 7.5%

India's GST collections rose by 7.5% in July, indicating a revival in manufacturing activity. Despite regional variations and challenges like the inverted duty structure, the gover...

India's GST Revenue Hits Record Rs 1.96 Lakh Crore in July 2025, Marking a 7.5% Year-on-Year Growth

India's GST collection in July 2025 rose by 7.5% year-on-year to Rs 1.96 lakh crore, driven by higher domestic revenues and a 9.5% increase in import taxes. Net GST revenue grew by...

Record-Breaking GST Collections in April Signal Robust Economic Growth and Resilience

GST collections in April reached a record Rs 2,36,716 crore, growing by 12.6%, the fastest in 17 months, driven by a 20% jump in import revenues. Finance Minister Nirmala Sitharama...

April GST Collections Soar to Unprecedented Rs 2.37 Lakh Crore, Marking a Historic Fiscal Milestone

April's GST collections reached a historic high of Rs 2.37 lakh crore, a 12.6% year-on-year increase, surpassing previous records. Domestic and imported goods both contributed to t...

India's GST Collections Surge by 10% in March, Marking the Second Highest Monthly Revenue Ever

India's GST collections in March surged by 9.9% to Rs 1,96,141 crore, the second-highest ever, with imports contributing significantly. The annual growth rate stood at 9.5%, with n...

India's GST Revenue Soars: A 9.9% Surge to Rs 1.96 Lakh Crore in March 2025 Signals Economic Resilience

India's GST revenue collection saw a significant 9.9% year-over-year increase in March 2025, reaching Rs 1.96 lakh crore, reflecting economic stability and strong tax compliance. T...

February Sees a 9.1% Surge in GST Collections, Reaching 1.83 Lakh Crore: A Sign of Economic Resilience

February's GST collections in India surged by 9.1% to Rs 183,646 crore, driven by a significant rise in domestic collections. This growth reflects the country's economic resilience...

GST Collections Surge by 7.3% Despite Concerns Over Sluggish Urban Demand

Despite a slowdown in demand across various sectors, GST collections in December saw a 7.3% increase to Rs 1,76,857 crore. Domestic collections grew by 8.4%, while import-related f...

December Sees a 7.3% Surge in GST Collections, Hitting Rs 1.77 Lakh Crore Mark

India's GST revenue in December grew by 7.3% year-on-year to Rs 1.77 lakh crore, with domestic GST revenues up by 8.4%. Despite a slight decrease from November's collections, Decem...