India’s gross Goods and Services Tax (GST) collection grew 7.3% year-on-year in December, reaching ₹1.77 lakh crore, as per data released by the government on Wednesday.
This marks an increase from ₹1.65 lakh crore collected in the same month last year. The revenue distribution for December includes ₹32,836 crore from Central GST, ₹40,499 crore from State GST, ₹47,783 crore from Integrated GST, and ₹11,471 crore from cess.
GST from domestic transactions recorded an 8.4% growth, amounting to ₹1.32 lakh crore. Meanwhile, revenues from imports increased by 4% to ₹44,268 crore.
While December’s GST collection reflects robust growth, it is lower than the November mop-up of ₹1.82 lakh crore, which had recorded an 8.5% year-on-year growth. The highest-ever GST collection was achieved in April 2024, surpassing ₹2.10 lakh crore.
The data also highlighted an increase in refunds issued, which totalled ₹22,490 crore in December, a 31% rise compared to the same period last year. After adjusting refunds, the net GST collection stood at ₹1.54 lakh crore, reflecting a 3.3% growth.
This steady increase in GST collections underscores strong domestic economic activity and continued compliance improvements under India’s unified tax regime.
The Complete data can be accessed at: https://tutorial.gst.gov.in/downloads/news/approved_monthly_gst_data_for_publishing_dec_2024.pdf
