GST Keeps Giving: India Nets ₹1.85 Trillion in June, Signals Steady Economic Pulse

Revenue Roundup
India's June 2025 collection under the Goods and Services Tax (GST) was ₹1.85 trillion, an increase of 6.2% year-on-year. While short of April and May's ₹2 trillion-plus levels, June collections indicate consistent compliance and strong consumption patterns in industries.

Collection Highlights:

Gross GST collection: ₹1.85 trillion

Central GST (CGST): ₹35,200 crore

State GST (SGST): ₹43,100 crore

Integrated GST (IGST): ₹1.01 trillion (including ₹49,000 crore of imports)

Compensation cess: ₹12,700 crore

Net revenue after refunds: ₹1.68 trillion

Growth Drivers

Sustained domestic consumption across FMCG, auto and services

Improved import-related IGST collections

Improved compliance via e-invoicing and AI-auditing

Seasonal surge in pre-festival stockpiling

State-Wise Trends

Maharashtra, Tamil Nadu, and Gujarat dominated the collections

Delhi and Karnataka recorded double-digit growth

Northeastern states saw modest but steady increases

Looking Ahead With slab rationalization and GST reforms on the anvil, the government is targeting a month-on-month collection of over ₹1.8 trillion. July is expected to grow marginally by analysts on account of rural demand related to monsoons and Q2 fiscal year tailwind.

Sources: Economic Times, ClearTax, Reuters, GSTN Portal, Ministry of Finance India