GST collections: July gross mop-up at Rs 1.96 lakh crore; rises 7.5% year-on-year

Aug 1, 2025 - 19:00
GST collections: July gross mop-up at Rs 1.96 lakh crore; rises 7.5% year-on-year

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

India's GST collection witnessed a 7.5% year-on-year increase, reaching Rs 1.96 lakh crore in July 2025, driven by strong domestic revenues and increased imports. Domestic revenue grew by 6.7%, while import taxes rose by 9.5%. Net GST revenue stood at Rs 1.69 lakh crore, reflecting a modest increase, though refunds surged significantly.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0