GST Collections Rise 9.1% To ₹1.84 Lakh Crore In February 2025; Net Revenue At ₹1.63 Lakh Crore

GST Collections Rise 9.1% To ₹1.84 Lakh Crore In February 2025; Net Revenue At ₹1.63 Lakh Crore

Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, official data showed on Saturday. Gross Goods and Services Tax (GST) revenue includes a 10.2 per cent jump in domestic revenues at Rs 1.42 lakh crore and 5.4 per cent rise in revenues from imports to Rs 41,702 crore during February.

PTIUpdated: Saturday, March 01, 2025, 05:18 PM IST
article-image
Goods and Services Tax | FPJ Library

New Delhi, Mar 1: Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, official data showed on Saturday.

Gross Goods and Services Tax (GST) revenue includes a 10.2 per cent jump in domestic revenues at Rs 1.42 lakh crore and 5.4 per cent rise in revenues from imports to Rs 41,702 crore during February.

As per the data, during the month, mop up from Central GST stood at Rs 35,204 crore, State GST at Rs 43,704 crore, Integrated GST at Rs 90,870 crore and compensation cess of Rs 13,868 crore.

Total refunds issued during February were Rs 20,889 crore, a 17.3 per cent increase over the year-ago period. Net GST collections during February 2025 grew 8.1 per cent to about Rs 1.63 lakh crore.

Gross and net GST revenues in February 2024 were Rs 1.68 lakh crore and Rs 1.50 lakh crore, respectively.

(Disclaimer: Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)

RECENT STORIES

India's Gold Reserves Rise By $342 Million, Forex Stands At $699.736 Billion: RBI

India's Gold Reserves Rise By $342 Million, Forex Stands At $699.736 Billion: RBI

Mumbai: Back Pain A 'Silent Epidemic' In India, Says Gautam Adani At Spine Surgery Conference...

Mumbai: Back Pain A 'Silent Epidemic' In India, Says Gautam Adani At Spine Surgery Conference...

Tesla Gears Up For India Debut With Opening Of 1st Store In Mumbai

Tesla Gears Up For India Debut With Opening Of 1st Store In Mumbai

Coconut Oil Prices Triple In A Year; SEA Seeks Urgent Govt Nod For Short-Term Oil, Copra Imports

Coconut Oil Prices Triple In A Year; SEA Seeks Urgent Govt Nod For Short-Term Oil, Copra Imports

Microsoft Makes AI Skills Mandatory, 15,000 Jobs Cut As Company Shifts Focus To Future Tech

Microsoft Makes AI Skills Mandatory, 15,000 Jobs Cut As Company Shifts Focus To Future Tech