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Economy

GST revenue rises 7.5 pc YoY in July to ₹1.96 lakh cr

India’s Goods and Services Tax (GST) collection reached ₹1.96 lakh crore in July, marking a 7.5 per cent increase year-on-year, according to government data released on Friday.

News Arena Network - New Delhi - UPDATED: August 2, 2025, 09:43 AM - 2 min read

India’s GST Collection Climbs To ₹1.96 Lakh Crore.


India’s Goods and Services Tax (GST) collection reached ₹1.96 lakh crore in July, marking a 7.5 per cent increase year-on-year, according to government data released on Friday.

 

This follows a collection of ₹1.85 lakh crore in June.

 

In April 2025, India’s GST collections had surged to a record high of ₹2.37 lakh crore, registering a 12.6 pc rise.

 

As per the latest data, India’s gross domestic revenue grew by 6.7 pc to ₹1.43 lakh crore in July, while revenue from imports rose 9.5 pc to ₹52,712 crore.

 

Refunds under GST increased sharply by 66.8 pc year-on-year to ₹27,147 crore. The net GST revenue for July 2025 stood at ₹1.69 lakh crore, recording a 1.7 pc rise compared to the same period last year.

 

In the Union Budget, the government projected an 11 pc increase in GST revenue for the financial year, estimating total collections at ₹11.78 lakh crore, which includes Central GST and the compensation cess.

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