Gross domestic GST revenue increased 10.1% to Rs 1.45 lakh crore from Rs 1.31 lakh crore in July 2025. GST revenue from imports rose 28.8% to Rs 66,511 crore, taking the total gross GST collections for the month to Rs 2.11 lakh crore.
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The latest GST collections suggest that domestic consumption and business activity remained steady despite geopolitical tensions in West Asia, with higher domestic and import-related tax collections supporting overall revenue growth.
The report also showed that GST refunds continued to rise. Total refunds increased 13.1% year-on-year to Rs 29,968 crore, with export-related refunds processed through ICEGATE rising 22.7% to Rs 12,288 crore.
After adjusting for refunds, net GST revenue stood at Rs 1.81 lakh crore, marking a 15.8% increase over July 2025. Net domestic revenue rose 10.5% to Rs 1.27 lakh crore, while net customs GST revenue jumped 30.3% to Rs 54,223 crore.Also Read: Indian companies are about to raise prices, putting RBI’s inflation outlook to test
For the first four months of the current financial year (April-July), gross GST collections rose 10.1% to Rs 8.43 lakh crore, compared with Rs 7.66 lakh crore in the corresponding period of the previous year. Net GST collections during the period increased 9.2% to Rs 7.21 lakh crore.
Among the larger states, Haryana recorded the highest year-on-year growth in July GST collections at 25%, followed by Gujarat and Telangana at 19% each. Punjab and Kerala posted growth of 16%, while Uttar Pradesh registered a 15% increase. Maharashtra, the country’s largest contributor to GST revenues, saw collections rise 13%, while Karnataka recorded 12% growth and Delhi posted an 8% increase.
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Some states, however, reported lower collections compared with a year ago. Himachal Pradesh recorded a 22% decline, Uttarakhand fell 18%, Puducherry was down 17%, Madhya Pradesh declined 10%, Andhra Pradesh slipped 5%, and Tamil Nadu recorded a marginal 1% fall.
