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GST collections grew 6.2% year-on-year to Rs 1.85 lakh crore in June 2025 from Rs 1.73 lakh crore in June 2024, but dropped from Rs 2.01 lakh crore in May 2025.
GST collection in June 2025 stood at Rs 1.85 lakh crore.
GST June 2025 Collection: The Goods and Services Tax collections grew 6.2 per cent year-on-year to Rs 1.85 lakh crore in June 2025 against Rs 1.73 lakh crore in June 2024. However, the GST collections dropped sequentially with the figures crossing Rs 2.01 lakh crore-mark in May 2025.
Pratik Jain, Partner, Price Waterhouse & Co LLP said, “Around 6% growth in GST collections, coupled with less than 4% growth in advance tax collection for first quarter of FY 26 does indicate softening of demand and cautious outlook. One of the reasons could be conservative spending by the consumers which may improve in next couple of months with overall geopolitical situation improving.”
Abhishek Jain, Partner and Head, Indirect Tax, KPMG in India says: “It’s good to see GST collections grow by around 12% in the first quarter compared to last year. It shows that economic activity and compliance continue to hold strong. The rise in net refunds, especially the sharp jump from last month is also welcome news for businesses, as it helps ease cash flows.”
India’s gross Goods and Services Tax (GST) collection for May 2025 reached Rs 2.01 lakh crore, marking a 16.4 per cent increase from the Rs 1.72 lakh crore collected in May 2024, according to data released by the Ministry of Finance on Sunday.
In April 2025, India’s GST collections surged by 12.6 per cent to an all-time high of Rs 2.37 lakh crore.
The year-on-year growth was driven by a 25.2 per cent increase in GST collected from imports and a 13.7 per cent rise from domestic transactions. Gross GST revenue from imports was Rs 51,266 crore, while domestic sources contributed Rs 1,49,785 crore.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
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