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📢 June 2025 GST Collection Update
India’s GST revenue for June 2025 stood at ₹1.85 lakh crore, marking a 6.2% year-on-year growth. The ₹2 lakh crore momentum paused, but domestic and import trends remained steady. Here’s the detailed breakup:
- CGST: ₹34,198 Cr
- SGST: ₹42,044 Cr
- IGST: ₹96,505 Cr (₹45,690 Cr from imports)
- Cess: ₹12,613 Cr
Total refunds: ₹25,491 Cr (↑ 28.4% YoY)
Net GST Revenue: ₹1,59,418 Cr (↑ 3.3% YoY)
🏆 Top collecting state: Maharashtra (₹29,306 Cr)
📈 Fastest growth: Nagaland (+71% YoY), Bihar (+12% YoY)
India’s Goods and Services Tax (GST) system has seen consistent growth in revenue collection, with the government crossing the ₹1.6 lakh crore mark per month. The highest-ever GST collection was recorded in April 2024 at ₹2.10 lakh crore, showcasing a strong compliance framework and economic recovery.
Here you will learn about monthly and yearly trends on GST collections, factors influencing revenue, and future projections. With increasing enforcement measures and GST slab rationalization expected in 2025, businesses must stay updated with these trends.
Year-wise Trends
Since GST was implemented in July 2017, the annual revenue collection has seen steady growth. Below is a historical GST collection trend.
| Financial Year | Total GST Collection (₹ Lakh Crore) | Average Monthly Collection (₹ Crore) |
|---|---|---|
| 2017-18 | ₹7.19 Lakh Crore (Jul-Mar) | ₹89,875 Cr |
| 2018-19 | ₹11.77 Lakh Crore | ₹98,083 Cr |
| 2019-20 | ₹12.22 Lakh Crore | ₹1.02 Lakh Cr |
| 2020-21 | ₹11.36 Lakh Crore | ₹94,667 Cr (COVID Impact) |
| 2021-22 | ₹14.83 Lakh Crore | ₹1.24 Lakh Cr |
| 2022-23 | ₹18.10 Lakh Crore | ₹1.51 Lakh Cr |
| 2023-24 | ₹19.80 Lakh Crore | ₹1.65 Lakh Cr |
| 2024-25 | ₹22,08,861 crore | ₹1,84,071.75 crore |
Monthly GST Collection Trends 2024-2025
| Month | GST Collection (₹ Crore) | YoY Growth (%) | Key Observations |
|---|---|---|---|
| June 2025 | ₹1,85,000 crore | ~6.2% | Strong growth in imports, refunds surged, domestic demand stable |
| May 2025 | ₹2,01,050 crore | ~16.4% | Sustained ₹2L+ crore collections; strong IGST on imports and stable domestic demand |
| April 2025 | ₹2,36,716 crore | ~12.6% | Record-high GST collection; strong domestic demand, inter-state trade, and faster refunds |
| March 2025 | ₹1,96,000+ crore | ~9.9% | Success of streamlined GST administration and expanding tax base |
| February 2025 | ₹1,83,000+ crore | ~10.2% | GST compliance and adaptability |
| January 2025 | ₹1,95,506 crore | ~12% | Highest monthly collection till then; strong tax enforcement |
| December 2024 | ₹1,76,857 crore | ~8% | Year-end filings and increased business activity |
| November 2024 | ₹1,82,269 crore | ~10% | Boost from festive season sales |
| October 2024 | ₹1,87,346 crore | ~9% | Strongest festive-month collection |
| September 2024 | ₹1,73,240 crore | ~6% | Stable revenue from services and exports |
| August 2024 | ₹1,75,000 crore | ~7% | Growth in manufacturing sector revenue |
| July 2024 | ₹1,59,000 crore | ~5% | Possible impact from Budget 2024 |
| June 2024 | ₹1,74,000 crore | ~6% | Increase in tax compliance and ITC claims |
| May 2024 | ₹1,72,739 crore | ~4% | Seasonal dip in collections due to reduced transactions |
| April 2024 | ₹2,10,267 crore | ~12% | Highest-ever GST collection at the time, driven by year-end tax filings |
| March 2024 | ₹1,78,484 crore | ~9% | Pre-financial year-end boost in transactions |
| February 2024 | ₹1,68,337 crore | ~6% | Stable collections despite shorter month |
| January 2024 | ₹1,72,129 crore | ~6% | Steady revenue compared to Dec 2023 |
Key Takeaways
- April 2025 saw the highest-ever GST collection at ₹2.36 lakh crore, driven by year-end filings and improved compliance.
- May 2025 maintained momentum with ₹2.01 lakh crore, making it the second-highest ever, aided by IGST on imports and strong domestic trade.
- January 2025 now ranks third with ₹1.95 lakh crore, reflecting continued taxpayer discipline and enforcement success.
- October–November 2024 witnessed festive boosts, crossing ₹1.80 lakh crore consistently.
- Monthly GST revenues have remained above ₹1.7 lakh crore for the last 9+ months, reinforcing confidence in sustained recovery.
- The Full Budget 2024 (July) may bring tax slab tweaks or rate realignments, potentially reshaping future GST trends.
Source of all publications on web are from these PDFs which you can review for every single month:
- June 2025
- May 2025
- April 2025
- March 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
Older links can be taken from here – https://gstcouncil.gov.in/gst-revenue
Highest & Lowest GST Collections Ever Recorded
- April 2024: ₹2.10 lakh crore (Record high due to financial year-end filings).
- April 2020: ₹32,172 crore (COVID-19 lockdown impact).
May-25 Month: India’s GST Collection Surges 16.4% to ₹2.01 Lakh Crore in May 2025
Factors Affecting GST Collection
GST collections are influenced by multiple economic, compliance, policy, and industry factors. Understanding these elements helps predict future revenue trends and economic performance.
1. Economic Growth
India’s robust GDP performance in Q1 2025 has directly supported record GST collections, especially in April (₹2.36 lakh cr) and May (₹2.01 lakh cr).
- Observation: High formal-sector activity and strong consumer demand have pushed monthly GST consistently above ₹1.9 lakh crore since January.
2. Tax Compliance & Evasion Control
The impact of mandatory e-invoicing for businesses > ₹5 crore turnover (Jan 2025 onwards) is now visible.
- Result: Sharp improvement in reporting accuracy, reduced fake invoices.
- Data Point: YoY refund growth of 48% in April suggests backend system improvements.
3. Policy & Rate Changes
Although slab rationalization (12% + 18% to 15%) hasn’t been implemented yet, the GST Council’s pre-budget talks in March and April hinted at this being a mid-2025 agenda.
- Result: Market expectations of rate rationalization might already be influencing compliance behaviour.
4. Industry Performance
Collections are being driven by high activity in:
- Manufacturing (auto, cement, steel)
- Logistics & warehousing
- Digital services & e-commerce
However, MSME contribution remains volatile due to credit access and working capital constraints.
Government Measures to Boost GST Revenue
The government has accelerated compliance tech and data intelligence since January 2025. Key initiatives now include:
- Mandatory e-invoicing expanded to businesses with ₹5 crore+ turnover (effective Jan 1, 2025).
- AI-driven GST return flagging now rolled out for monthly vs. quarterly anomalies.
- State-level GST enforcement dashboards launched in March to unify real-time fraud tracking.
- April 2025’s ₹27,341 crore in refunds processed 48% faster YoY – indicating backend process upgrades.
GST Council meetings are being organized on regular basis to take necessary steps to boost GST revenue. Below are few recent meetings happened which takeaways are available to explore –
- Takeaways from the 55th GST Council Meeting with Agenda Highlights
- 54th GST Council Meeting: Key Decisions, Tax Changes, and Future Plans
Future of GST Collection in India (2025 & Beyond)
Experts predict continued GST revenue growth driven by:
- Ongoing slab rationalization efforts, including proposed merger of the 12% and 18% slabs, aimed at simplifying compliance and boosting efficiency.
- Stricter compliance enforcement, especially through expanded use of AI-powered audits, real-time e-invoice tracking, and risk-based scrutiny of high-value transactions.
- Widening the GST net, with talks of including petroleum products, gambling, and digital assets, potentially creating new revenue streams.
GST remains a reliable indicator of India’s economic momentum. The consistent ₹2 lakh+ crore collections in April and May 2025 reflect resilient domestic demand, formalization of trade, and strong tax governance. With the digital tax ecosystem maturing and policy tweaks expected in the upcoming Budget 2025, businesses should monitor rate changes, ITC norms, and sector-specific implications to future-proof their compliance and cash flow strategies.
References:
- GST Council Website gstcouncil.gov.in
- Ministry of Finance finmin.nic.in
- Reserve Bank of India (RBI) Reports rbi.org.in
- Economic Survey 2023-24 indiabudget.gov.in
Disclaimer: The data is being shown here is based on the research done via online publications and does not guarantee on the accuracy. Pls do your own research before trusting. This blog is created to help people to understand on GST collection and to verify, you can visit GST official website give above.
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A product manager with a writer's heart, Anirban leverages his 6 years of experience to empower MSMEs in the business and technology sectors. His time at Tata nexarc honed his skills in crafting informative content tailored to MSME needs. Whether wielding words for business or developing innovative products for both Tata Nexarc and MSMEs, his passion for clear communication and a deep understanding of their challenges shine through.
