India’s GST Collections Surge 9.9% YoY in March 2025:
India’s Goods and Services Tax (GST) collections witnessed a strong growth of 9.9% year-on-year (YoY) in March 2025, reaching Rs 1.96 lakh crore. This marks a significant rise in indirect tax revenue, reflecting steady economic activity and increased compliance.
- The gross GST collection for March stood at Rs 1.96 lakh crore, demonstrating strong performance across different tax categories:
- Central GST (CGST): Rs 38,100 crore
- State GST (SGST): Rs 49,900 crore
- Integrated GST (IGST): Rs 95,900 crore
- GST Cess: Rs 12,300 crore
- After adjusting for refunds, net GST collections for March 2025 stood at Rs 1.76 lakh crore, showing a 7.3% YoY growth.
- This increase highlights sustained consumption patterns and better tax administration.