India’s GST Collections Rise 9.1% to ₹1.84 Lakh Crore in February
India’s Gross Goods and Services Tax (GST) collections for February 2025 recorded a notable increase of 9.1% compared to the same month last year, reaching approximately ₹1.84 lakh crore. This consistent rise highlights the resilience of the economy and the efficiency of tax administration.
Breakdown of GST Revenues
The total GST revenue collected in February 2025 was composed as follows:
- Central GST (CGST): ₹35,204 crore
- State GST (SGST): ₹43,704 crore
- Integrated GST (IGST): ₹90,870 crore
- Compensation Cess: ₹13,868 crore
The distribution of revenues between the central and state governments ensures financial support for various public welfare and development programs.
Growth in Domestic and Import Revenues
Domestic GST revenues witnessed a 10.2% increase, indicating strong business activity and consumer spending. Additionally, GST revenue from imports rose by 5.4%, demonstrating stability in international trade despite global economic fluctuations.
Improved Refund Processing and Net GST Collections
A total of ₹20,889 crore in refunds was processed in February 2025, reflecting a 17.3% increase compared to the previous year. This improvement points to a more efficient tax administration system, benefiting businesses and ensuring smoother compliance. After accounting for refunds, net GST collections reached approximately ₹1.63 lakh crore, marking an 8.1% year-on-year increase.
Consistent GST Growth Over Recent Months
GST collections have maintained steady growth over the past few months. In January 2025, collections reached ₹1.96 lakh crore, marking a 12.3% increase from the previous year. December 2024 saw collections of ₹1.77 lakh crore, reflecting a 7.3% rise. These figures highlight the sustained momentum in tax revenues, reinforcing confidence in the economic outlook.
Government’s Revenue Projections
The government has projected an 11% increase in GST revenue for the current fiscal year, estimating total collections at ₹11.78 lakh crore, including CGST and compensation cess. The upward trend in collections indicates that these projections are on track, supporting fiscal stability and growth initiatives.
Conclusion
The 9.1% rise in GST collections to ₹1.84 lakh crore in February 2025 signals a strong economic trajectory. With rising domestic consumption, improved tax compliance, and enhanced efficiency in revenue collection, India’s economy continues to demonstrate resilience and steady growth.
