India’s Goods and Services Tax (GST) collections saw a 9.1% increase in February 2025, reaching Rs. 1.84 lakh crore, according to official data released on Saturday. The growth was primarily fueled by strong domestic consumption, signaling a possible economic recovery.
Breakdown of GST Revenue
Central GST (CGST): Rs. 35,204 crore
State GST (SGST): Rs. 43,704 crore
Integrated GST (IGST): Rs. 90,870 crore
Compensation Cess: Rs.13,868 crore
Revenue from domestic transactions grew by 10.2% to Rs. 1.42 lakh crore, while collections from imports rose by 5.4% to Rs. 41,702 crore.
In February, the government issued GST refunds worth Rs. 20,889 crore, which is 17.3% higher than the same month last year. After deducting refunds, the net GST revenue for February 2025 stood at approximately Rs. 1.63 lakh crore, showing an 8.1% increase from the previous year.
After accounting for refunds, net GST revenue for February stood at Rs. 1.63 lakh crore, marking an 8.1% increase compared to the previous year. Refunds issued during the month amounted to Rs. 20,889 crore, reflecting a 17.3% rise from last year.
Comparison With Previous Periods
In February 2024, gross GST revenue was Rs. 1.68 lakh crore, and net revenue stood at Rs. 1.50 lakh crore. However, February 2025’s collection of Rs. 1.84 lakh crore was lower than January 2025’s Rs. 1.96 lakh crore.
GST Collections for the Fiscal Year
From April 2024 to February 2025, gross GST collections totaled Rs. 20.13 lakh crore, reflecting a 9.4% growth compared to the same period last year. Meanwhile, net GST collections rose 8.6% to over Rs. 17.79 lakh crore.
With domestic demand holding strong and government policies supporting businesses, experts anticipate that the upward trend in GST collections may continue in the coming months.
