Quick Summary
The Goods and Services Tax (GST) collections for February 2025 have shown a strong 9.1% year-on-year growth, reaching ₹1.83 lakh crore compared to ₹1.68 lakh crore in February 2024. This sustained increase reflects economic resilience, improved compliance, and enhanced tax administration. Breakdown of GST Revenues Domestic vs. Import Revenue Domestic GST revenue grew by 10.2% to ₹1.41 lakh crore. GST from imports rose by 5.4%, amounting to ₹41,702 crore, indicating moderate growth in int
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FAQ :
Total GST collections for February 2025 reached £1.83 lakh crore, a 9.1% increase compared to February 2024.
Domestic GST revenue grew by 10.2% to £1.41 lakh crore in February 2025.
GST revenue from imports rose by 5.4% in February 2025, amounting to £41,702 crore.
Total GST refunds surged by 17.3% in February 2025, reaching £20,889 crore.
States like Haryana (20%), Madhya Pradesh (15%), Rajasthan (14%), Maharashtra (13%), Delhi (10%), and Tamil Nadu (10%) reported double-digit growth in GST revenue.
Factors include economic expansion, improved tax compliance measures, higher consumption and digital transactions, and enhanced technology and monitoring in tax administration.
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