The Goods and Services Tax (GST) collections for February 2025 have shown a robust 10% growth compared to the same period last year. This upward trend reflects steady economic activity and improved compliance. Let’s break down the key insights from the latest GST data.
Key Highlights of GST Collection (February 2025)
- Total GST Revenue:
- The total gross GST revenue collected in February 2025 stood at ₹1,83,646 crore, compared to ₹1,68,337 crore in February 2024.
- This marks a 9.1% increase in monthly collections.
- Breakdown of Domestic GST Revenue:
- CGST: ₹35,204 crore (↑10.8%)
- SGST: ₹43,704 crore (↑10.3%)
- IGST: ₹50,049 crore (↑10%)
- Cess: ₹12,987 crore (↑9.6%)
- GST from Imports:
- IGST: ₹40,821 crore (↑5.8%)
- Cess on Imports: ₹880 crore (↓10.6%)
- Gross GST Revenue from Imports: ₹41,702 crore (↑5.4%)
- Refunds Issued:
- Total refunds granted: ₹20,889 crore (↑17.3%)
- Refunds for domestic transactions: ₹10,766 crore (↑23.4%)
- Export refunds via ICEGATE: ₹10,123 crore (↑11.4%)
- Net GST Revenue (after refunds):
- The net GST revenue for February 2025 stood at ₹1,62,758 crore, an 8.1% increase compared to February 2024.
State-Wise GST Performance
While most states recorded positive growth, a few saw a decline. Here are the best and worst-performing regions:
Top 5 States with Highest Growth in GST Revenue (February 2025)
- Haryana – 20%
- Tripura – 21%
- Andaman & Nicobar Islands – 32%
- Center Jurisdiction – 45%
- Himachal Pradesh – 16%
States with Negative Growth
- Mizoram: -16%
- Lakshadweep: -55%
- Ladakh: -46%
- Manipur: -9%
What’s Driving the Growth?
- Increased compliance: Improved tax administration and stricter enforcement have helped bring more taxpayers into the system.
- Economic recovery: Stronger demand, especially in industrial and commercial sectors, has contributed to the rise in collections.
- Higher refunds: Timely disbursement of refunds has boosted businesses, helping them reinvest in operations.
Conclusion
The 10% growth in GST collections in February 2025 is a positive indicator of India’s economic health. With sustained growth in domestic collections and improving compliance, the government’s revenue stream remains strong. However, challenges such as declining revenues in some states and the need for further digital adoption still remain.
Stay tuned for more updates on tax collections and compliance!
FAQ on GST Collections for February 2025
The total gross GST revenue collected in February 2025 was ₹1,83,646 crore, reflecting a 9.1% increase compared to ₹1,68,337 crore in February 2024.
The top states with the highest GST revenue growth were:
Haryana (20%)
Tripura (21%)
Andaman & Nicobar Islands (32%)
Center Jurisdiction (45%)
Himachal Pradesh (16%)
GST revenue from imports stood at ₹41,702 crore, a 5.4% increase from last year. However, the cess on imports declined by 10.6%.
After issuing refunds totaling ₹20,889 crore, the net GST revenue for February 2025 was ₹1,62,758 crore, which is 8.1% higher than in February 2024.
States like Mizoram (-16%), Lakshadweep (-55%), and Ladakh (-46%) recorded negative growth due to lower economic activity, reduced taxable transactions, or changes in tax administration.
