GST Collection Rises To Rs 1.85 Lakh Crore In June, Up 6.2% YoY

ENA Economy 2025-07-02 16:07:55 New Delhi, Jul 2 (KNN) India's Goods and Services Tax (GST) collection reached Rs 1.85 lakh crore in June 2025, representing a 6.2 per cent increase compared to the same period last year, according to government data released Tuesday. The figure reflects continued growth in the country's indirect tax revenue system. The June collection, however, showed a sequential decline from previous months. April 2025 recorded the highest-ever monthly GST collection of Rs 2.37 lakh crore, followed by Rs 2.01 lakh crore in May. All major GST components—Central GST, State GST, Integrated GST, and cess—registered year-on-year growth during June. As the GST system completes eight years since its implementation, the government highlighted significant progress in tax collection efficiency. Annual GST collections have doubled over the past five years, reaching a record Rs 22.08 lakh crore in FY25, compared to Rs 11.37 lakh crore in FY21. The FY25 collections marked a 9.4 per cent year-on-year increase from Rs 20.18 lakh crore collected in FY24, establishing the highest annual GST collection since the indirect tax system's launch in July 2017. This growth trajectory demonstrates the maturation of India's unified tax structure. Regional performance data indicates varied growth patterns across states and union territories. Nagaland, Sikkim, Tripura, Lakshadweep, and Ladakh emerged as notable growth centres, according to the latest figures. Government officials attributed the relatively modest month-on-month growth to prevailing geopolitical uncertainties, which appear to have influenced consumer sentiment and spending patterns. The domestic GST collections for June present what analysts describe as a mixed performance amid these broader economic headwinds. (KNN Bureau) 42666 https://knnindia.co.in/news/newsdetails/economy/gst-collection-rises-to-rs-185-lakh-crore-in-june-up-62-yoy 2025-07-02 16:07:55 knnindia.co.in GST Collection Rises To Rs 1.85 Lakh Crore In June, Up 6.2% YoY