India’s GST collections rise 6% to Rs.1.75 lakh crore in December
India’s goods and services tax (GST) collections reached Rs.1.75 lakh crore ($19.45 billion) in December, up 6.1% from the same month last year, the government said on Thursday, driven by robust growth in import revenues and steady domestic activity.
GST collection was Rs 1,64,556 crore in December 2024. In November, in gross terms, the GST collections had rose 0.7% to about 1.70 lakh crore compared to about 1.69 lakh crore in the same month last year.
On a year-to-date basis (April-December 2025), gross collections rose to Rs 16,50,039 crore, marking a strong 8.6% annual growth. The Net GST revenue for December stood at Rs 1,45,570 crore, increasing 2.2% over last year.
Further, the year-to-date net revenue reached Rs 14,25,006 crore, an annual growth of 6.8%. Refunds saw significant movement as the total refunds was recorded at Rs 28,980 crore, up 30.9% YoY; domestic refunds surged 62.0%, while export refunds saw a slight decline of 1.9%.
