India's Goods and Services Tax (GST) collections for October 2025 stood at Rs 1.96 lakh crore, reflecting a 4.6% year-on-year growth compared to Rs 1.87 lakh crore in the same month last year, according to provisional data released by the Central Board of Indirect Taxes and Customs (CBIC).
The growth was led primarily by import-related GST collections, which surged 12.9%, while domestic revenue showed a modest increase of 2%, signaling stable consumption but subdued domestic momentum during the festive period.
Key Revenue Highlights (October 2025)
| Component | Oct 2024 (Rs Cr) | Oct 2025 (Rs Cr) | YoY Growth |
|---|---|---|---|
| CGST | 33,821 | 36,547 | 8% |
| SGST | 41,864 | 45,134 | 8% |
| IGST (Total) | 99,111 | 1,06,443 | 7% |
| Cess | 12,550 | 7,812 | -38% |
| Gross GST Revenue | 1,87,346 | 1,95,936 | 4.6% |
The net GST revenue (after refunds) amounted to Rs 1.69 lakh crore, a marginal 0.6% increase over October 2024. Refund outflows saw a significant rise of 39.6%, largely due to higher disbursements for exports and domestic claims through the ICEGATE system.
Domestic vs Import Trends
- Domestic GST revenue: Rs 1.45 lakh crore (up 2%)
- Import GST revenue: Rs 50,884 crore (up 12.8%)
- Net domestic revenue: Rs 1.31 lakh crore (flat growth)
- Net customs revenue: Rs 37,210 crore (up 2.5%)
The import segment continued to outperform, reflecting stronger trade inflows, while domestic consumption exhibited steady but moderate growth.
State-Wise GST Performance
Among major states:
- Karnataka (↑10%), Telangana (↑10%), and Gujarat (↑6%) recorded healthy growth.
- Maharashtra, India's top contributor, reported a 3% increase, collecting Rs 32,025 crore.
- States such as Jharkhand (-15%), Himachal Pradesh (-17%), and Uttarakhand (-13%) saw declines.
- Northeastern states like Nagaland (+46%) and Arunachal Pradesh (+44%) posted sharp gains, albeit from a smaller base.
Cumulative Performance (April-October 2025)
For the first seven months of FY 2025-26, India's gross GST collections reached Rs 13.89 lakh crore, up 9% year-on-year.
- CGST: Rs 2.58 lakh crore
- SGST: Rs 3.20 lakh crore
- IGST: Rs 7.26 lakh crore
- Cess: Rs 84,154 crore
Net GST revenue (post-refunds) for the same period stood at Rs 12.07 lakh crore, reflecting a 7.1% growth compared to Rs 11.27 lakh crore in FY 2024-25 (April-October 2024).
State Settlement and Growth Outlook
The SGST portion of IGST settled to states and union territories totaled Rs 5.91 lakh crore up to October 2025 - a 7% increase over last year. Notably, Maharashtra, Gujarat, Haryana, and Karnataka saw double-digit growth in post-settlement revenue.
Officials from the Ministry of Finance attributed the sustained growth to enhanced compliance monitoring, the use of AI-based analytics for invoice matching and continued efforts to curb fake billing and input tax credit fraud.
Conclusion
The October 2025 GST figures underscore India's resilient indirect tax performance amid global economic uncertainty. While import-linked growth remains strong, the government is expected to focus on boosting domestic demand and widening the GST base under upcoming reforms, including the Simplified GST Registration Scheme effective November 1, 2025.
Official copy of the notification has been attached
CAclubindia
