GST revenue rises 6.5 pc to Rs 1.86 lakh cr in August on higher domestic sales
GST
Dated:- 1-9-2025
PTI
New Delhi, Sep 1 (PTI) GST collection in August rose 6.5 per cent to over Rs 1.86 lakh crore with increased domestic sales, and the upcoming festive season is likely to swell the kitty going forward.
The August Goods and Services Tax (GST) mop-up is, however, lower than Rs 1.96 lakh crore collected in July. In August 2024, the collection was Rs 1.75 lakh crore.
The gross domestic revenue grew 9.6 per cent to Rs 1.37 lakh crore, while tax from imports dipped 1.2 per cent to Rs 49,354 crore in August. GST refunds were down 20 per cent year-on-year to Rs 19,359 crore.
EY Tax Partner Saurabh Agarwal said the significant dip
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it expansion, the growth in IGST and cess collections was tepid, dampening the headline GST increase to 6.5 per cent.
“The contraction in IGST on imports is puzzling in light of the sharp increase in merchandise imports in July 2025 (that would have reflected in the August 2025 GST data),” Nayar said.
The collection data comes just two days ahead of the meeting of the GST Council, comprising Centre and states, which will deliberate on rate rationalisation and reducing number of tax slabs.
Mani said after four months of increase in GST refunds, this month depicts a decline in refunds, although on an annual basis, refunds are 18 per cent more than last year .
He said these collections pertain to economic activity during July, which is
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