There is a positive indication for the Indian economy, as the GST (GST) collection has reached Rs 1.84 lakh crore in February 2025. This figure is 9.1% higher than the previous year. This clearly shows that the Indian economy is moving in the right direction even in the fourth quarter of the current financial year (FY 2024-25).
The total GST collection in February 2024 was Rs 1.68 lakh crore.
The net GST collection (after refund) was Rs 1.50 lakh crore.
GST collection over Rs 1.70 lakh crore consecutive month
Despite discounting and refund in February 2025, GST collection has recorded an increase of 8.1%. This is the 12th consecutive month when the GST collection remains above Rs 1.70 lakh crore, which reflects economic stability and strong consumer demand.
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GST collection breakup: Which tax has accumulated?
Major categories of GST collection of February 2025:
Category | Collection (in rupee) |
---|---|
Central GST (CGST) | ₹ 35,204 Crore |
State GST (SGST) | ₹ 43,704 Crore |
Integrated GST (IGST) | ₹ 90,870 Crore |
Compassation Cess | ₹ 13,868 Crore |
The domestic revenue (domestic revenue) recorded an increase of 10.2%, causing it to Rs 1.42 lakh crore.
Import Revenue (revenue received from imports) also increased by 5.4% to Rs 41,702 crore.
Refund data released in February
A total of Rs 20,889 crore tax refunds were issued in February 2025, which is 17.3% higher than the previous year.
It is clear from the increased refund that the government is focusing on accelerating the tax refund process, giving relief to business operations.
Comparison with GST collection of January and December 2024
month | GST Collection (₹) | Growth rate (%) |
---|---|---|
January 2025 | 1.96 lakh crores | 12.3% 📈 |
December 2024 | 1.77 lakh crores | 7.3% 📈 |
February 2025 | 1.84 lakh crores | 9.1% 📈 |
In January 2025, the GST collection was at the highest level of Rs 1.96 lakh crore.
In December 2024, the GST collection was Rs 1.77 lakh crore, which was 7.3% more on an annual basis.
What does GST collection mean?
Economic stability: Continuous high GST collection reflects strong economic activity and business transactions.
Better tax compliance: Tax compliance has improved by the government by e-invoicing and hardening the GST audit process.
Strong consumer demand: High collection also shows that consumption and sales are increasing.