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GST collections rise 9.9% to exceed Rs 1.96 trillion in March 2025

GST revenue from domestic transactions rose 8.8 per cent to Rs 1.49 lakh crore, while revenue from imported goods was higher 13.56 per cent to Rs 46,919 crore

CGST Act set to see key amendments in Budget session

Total refunds during March rose 41 per cent to Rs 19,615 crore. | Representative Image

Press Trust of India New Delhi

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Gross GST collection in March grew 9.9 per cent to over Rs 1.96 lakh crore, government data showed on Tuesday.

GST revenue from domestic transactions rose 8.8 per cent to Rs 1.49 lakh crore, while revenue from imported goods was higher 13.56 per cent to Rs 46,919 crore.

Total refunds during March rose 41 per cent to Rs 19,615 crore.

After adjusting refunds, net GST revenue stood at over Rs 1.76 lakh crore in March 2025, a 7.3 per cent growth over the year-ago period.

 

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First Published: Apr 01 2025 | 3:58 PM IST

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