Gross GST collection increased 7.5% to about ₹1.96 lakh crore in July on higher domestic revenues.
Gross GST collection increased 7.5% to about ₹1.96 lakh crore in July on higher domestic revenues.
Gross Goods and Services Tax (GST) mop-up was ₹1.82 lakh crore in July 2024. Last month, the collection was ₹1.84 lakh crore.
The gross domestic revenue grew 6.7% to ₹1.43 lakh crore, while tax from imports rose 9.5% to ₹52,712 crore.
GST Refunds shot up 66.8% year-on-year to ₹27,147 crore.
The net GST revenue stood at ₹1.69 lakh crore in July 2025, recording a 1.7% year-on-year growth.
EY India Tax Partner Saurabh Agarwal said that despite some global pressures and temporary dips, the overall trend shows a stable consumption pattern and consistent growth trajectory of the economy.
"The government's timely refund process is also a great help to businesses, ensuring they have the working capital they need," Agarwal added