In absolute numbers, the net GST revenue is the third highest in the last six months after January at ₹1.70 trn and October at ₹1.69 trn
Gross GST collection increased 8.1 per cent to over Rs 1.83 lakh crore in February, led by higher growth in revenues from imports. Gross domestic revenue rose 5.3 per cent to about Rs 1.36 lakh crore, while gross import revenue climbed 17.2 per cent to Rs 47,837 crore. Total refunds were up 10.2 per cent at Rs 22,595 crore. Total net Goods and Services Tax (GST) collection stood at over Rs 1.61 lakh crore, up 7.9 per cent year-on-year. Net cess revenue was Rs 5,063 crore, down from Rs 13,481 crore in February last year.
Gross GST collections rose 6.1 per cent to over Rs 1.74 lakh crore in December 2025, on slow growth in revenues from domestic sales following the sweeping tax cuts, according to government data released on Thursday. Gross Goods and Services Tax (GST) revenue in December 2024 was over Rs 1.64 lakh crore. Gross revenue from domestic transactions rose 1.2 per cent to over Rs 1.22 lakh crore, while revenues from imported goods were up 19.7 per cent at Rs 51,977 crore during December, 2025. Refunds were up 31 per cent to Rs 28,980 crore in December. Net GST revenues (after adjusting refunds) stood at over Rs 1.45 lakh crore, up 2.2 per cent year-on-year. Cess collection last month dipped to Rs 4,238 crore, as against Rs 12,003 crore collected in December 2024. Effective September 22, 2025, GST rates on about 375 items were slashed, making goods cheaper. Also, a compensation cess levy is levied only on tobacco and related products, as against luxury, sin and demerit goods earlier. The
UP's finance minister Suresh Khanna says disciplined spending, revenue surpluses and rising capex have helped India's most populous state maintain fiscal stability while expanding infrastructure
The GST Compensation Cess collections slipped a sharp 69.06 per cent to ₹4,006 crore from nearly ₹13,000 crore a year ago
In August and September, collections were relatively subdued at ₹1.86 trillion and ₹1.89 trillion, respectively
Maharashtra, Karnataka, Gujarat, Tamil Nadu and Haryana contributed over 40 per cent of GST revenues in Apr-Sep FY26, with Maharashtra leading at ₹31,830 crore monthly
Net GST collections had risen 10.7 per cent in August, aided by a 20 per cent decline in refunds during the month
Hotels face GST demands as authorities flag underpayment on restaurant services linked to room tariffs above ₹7,500
A simplified GST structure will help all stakeholders. The government expects that lower GST rates, along with income-tax relief, will boost consumption
Opposition-ruled states warn of steep annual losses; Centre assures higher consumption will offset revenue hit
Multiplexes want GST reforms on tickets and F&B, along with single-window clearance, to make cinema more affordable and help boost screen growth to 10 per cent annually
RBI will conduct an overnight variable rate repo auction to infuse Rs 50,000 crore into the banking system, easing tightness from GST outflows and maturing VRRR amounts
GST collections expanded just 1.7 per cent in July, the slowest growth rate since the Centre began publishing monthly net receipts
The call for a single rate correctly identifies this multiplicity as a central problem
Net direct tax collections fell to Rs 6.63 trillion till August 11 in FY26 due to higher corporate refunds, while gross collections also declined 1.9%
July's net GST kitty growth marks the slowest pace since last February from when disaggregated data on gross and net GST collections is available. In June, net GST revenues were up 3.3 per cent
Of the total collection, the share of goods and services tax (GST) and value added tax (VAT) stood at ₹20,798 crore and ₹7,060 crore, respectively
June collections marked a decline when compared to the previous month, when the Centre collected ₹2.01 trillion in May
A Bank of Baroda study finds over five states will account for nearly 50% of ₹10.2 trillion in state capital outlay for FY26, with GST remaining the largest tax revenue contributor