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GST collections rise 6.1% to Rs 1.75 lakh crore in December

The Goods and Services Tax (GST) collections in December, in gross terms, rose 6.1 per cent to about 1.75 lakh crore compared to about 1.64 lakh crore in the same month last year, according to official data released Thursday. In the month of December, collections of Central-GST and State-GST rose while Integrated-GST declined year-on-year, official data showed. So far in 2025-26 (April-December), gross GST collections rose 8.6 per cent to about Rs 16.5 lakh crore, compared with Rs 15.2 lakh crore in the same period last fiscal. In this case also, all components - CGST, SGST, IGST- rose.

India's Goods and Services Tax (GST) system achieved a significant milestone in 2024-25, with a record gross collection of Rs 22.08 lakh crore, up 9.4 per cent from the previous year. India's Goods and Services Tax (GST) system achieved a significant milestone in 2024-25, with a record gross collection of Rs 22.08 lakh crore, up 9.4 per cent from the previous year. The average monthly GST collection stood at Rs 1.84 lakh crore, the highest since GST was launched in 2017.GST collections have steadily increased over the years, rising from Rs 11.37 lakh crore in 2020-21 to Rs 20.18 lakh crore in 2023-24, reflecting stronger economic activity and better compliance.

 


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