In March 2025, India’s goods and services tax revenue grew by 9.9% year-on-year to Rs 1.96 lakh crore.
March 2025 GST collection saw Rs. 38,100 crore collected as Central GST, alongside Rs. 49,900 crore as State GST. Integrated GST generated Rs. 95,900 crore, and GST Cess contributed Rs 12,300 crore.
March saw net GST collections reach Rs. 1.76 lakh crore, a 7.3% year-over-year increase. For the fiscal year 2025, gross GST collections totalled Rs. 22.08 lakh crore, up 9.4% year-over-year, while net collections, after GST refunds, were Rs. 19.56 lakh crore, showing an 8.6% year-over-year growth.
January’s GST collections reached Rs 1.96 lakh crore, experiencing a 12.3% year-over-year increase. Subsequently, February saw collections rise to Rs 183,646 crore, a 9.1% increase, bolstered by double-digit growth in domestic revenue.
GST collections in December stood at Rs 1.77 lakh crore, showing a 7.3% year-on-year rise. There was a slowdown from the 8.5% growth which was recorded in November, attributed to a decrease the consumption following the festive season.
The government in the budget is estimating an 11% rise in GST revenue for the year, approximating collections at Rs 11.78 lakh crore along with the Central GST and compensation cess.
