GST revenue in Oct 2025 increases by 4.6 pc compared to Oct 2024, indicating robust fiscal health

New Delhi, Nov 3 (UNI) The Gross Goods and Services Tax (GST) revenue for October increased by 4.6 percent to Rs 1,95,936 crore from Rs 1,87,346 crore for the same month last year, reflecting continued economic resilience, strong festive consumption and effective compliance, an official spokesman said today.

‘’The sharp rise in GST collections in the onset of the recent GST rate rationalisation in September points to sustained consumption recovery, broadening tax base and robust fiscal health placing India on a stable trajectory for the remainder of FY 2025-26,’’ the spokesman said.

Monthly Gross Domestic revenue is 2 percent higher from Rs 1,42,251 crore in October 2024 to Rs1,45,052 in October 2025, while Gross GST Revenue from imports registered a yearly growth of 12.9 percent, reflecting strong trade activity.

The monthly percentage growth in total GST Refunds is 39.6 percent with Refunds- Domestic at 26.5 percent and Refunds -Imports at 55.3 percent rising from Rs10,484 in October 2024 to Rs13,260 in October 2025 and Rs8,808 to Rs13,675 respectively.

Total Net GST revenue for October 2025 stands at Rs1,69,002 crore which is 0.6 percent higher (monthly growth) and 7.1 percent higher (yearly growth) than the corresponding period last year at Rs 1,68,054 crore.

‘’The steady performance of Indian economy demonstrates the resilience of India’s domestic consumption and the expanding tax base under the GST regime,’’ the spokesman said adding that it is commendable that several industrial and service-oriented states have reported a significant growth in GST collections compared to October 2024.

Maharashtra, Karnataka, Gujarat, Tamil Nadu and Haryana together contributed over 40 percent of the total GST revenue, underscoring their role as major consumption and production hubs.

‘’The October 2025 GST revenue collections reflect continued economic resilience, strong festive consumption and effective compliance. The healthy rise in import-related GST indicates buoyant trade sentiments, while domestic collections show steady improvements,’’ the spokesman added.

 

 

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