India’s gross GST collection for July 2025 reached ₹1.96 lakh crore, marking a 7.5% year-on-year increase, according to official data released on Friday and the jump reflects sustained economic momentum and improved tax compliance. This also represents a strong rise from June’s ₹1.85 lakh crore and follows April’s record-breaking ₹2.37 lakh crore, the highest monthly GST inflow since the tax regime’s launch in 2017.
Between April and July 2025, cumulative GST revenue touched ₹8.18 lakh crore, posting a 10.7% YoY growth and July’s rise affirms steady consumption patterns and the effectiveness of enforcement systems.
Breakdown of July GST Revenue
In July 2025, domestic GST collections rose 6.7% YoY, reaching ₹1.43 lakh crore from ₹1.34 lakh crore last year but meanwhile, GST collected from imports increased by 9.7% to ₹52,712 crore, showing the continued strength of international trade.
The gross breakup includes:
₹99,250 crore from IGST
₹33,450 crore from CGST
₹41,600 crore from SGST
₹21,700 crore from Cess
Import-related IGST jumped 10.3%, highlighting rising cross-border trade volumes.
Refunds and Net Collections
Refunds in July surged by 66.8% YoY to ₹27,147 crore, up from ₹16,275 crore last year, domestic refunds rose 117.6%, while export refunds grew by 20% and due to these high refunds, net GST collections stood at ₹1.69 lakh crore, up only 1.7% YoY.
While net domestic revenue stayed stable at ₹1.26 lakh crore, revenue from imports rose 7.5% to ₹42,548 crore.
State-Wise Collection Trends
Among large states, Madhya Pradesh led with 18% growth, followed by Bihar (16%), Andhra Pradesh (14%), and West Bengal (12%) and on the downside, Manipur, Mizoram, and Jharkhand saw drops of -36%, -21%, and -3%, respectively.
Top Contributors in July
Maharashtra remained the top contributor with ₹30,590 crore
Karnataka followed with ₹13,967 crore
Gujarat contributed ₹11,358 crore
These states continue to drive a significant portion of GST revenues through consistent economic activity.
Analysts Optimistic Amid Strong Signals
Experts note that sustained high collections signal greater formalization of the economy and stronger compliance and Aditi Nayar, Chief Economist at ICRA, said, “The YoY growth in gross GST revenues improved in July 2025 and however, large refunds softened net growth to 1.7%. Import GST growth outpaced domestic revenue, partly due to weak cess collections.”
Festive Season May Drive Further Growth
With the festive season around the corner, officials remain optimistic about maintaining this upward momentum, stronger collections in coming months may even exceed budget targets, offering more fiscal room for the government.
