GST Collections Show Robust Growth in October 2025
India’s GST revenue for October 2025 reached Rs 1.96 lakh crore, marking a solid 4.6% year-on-year increase, driven by strong consumer spending and trade activity following recent tax rationalisation measures.
Key Takeaways
- Gross GST collections hit Rs 1,95,936 crore in October 2025
- 4.6% growth compared to same month last year
- Net GST revenue after refunds: Rs 1,69,002 crore
- Import-related revenue surged 12.9%, indicating stronger trade flows
Year-to-Date Performance
The cumulative GST collection for the financial year up to October 2025 stands at Rs 10.40 lakh crore, showing a healthy 7.8% growth compared to the same period last year.
Breakdown of Revenue Sources
Domestic revenues showed steady growth at 2%, reaching Rs 1,45,052 crore, while import-related revenues witnessed a significant 12.9% increase, reflecting improved trade activity.
Refund Trends
GST refunds saw substantial growth across categories:
- Total refunds increased by 39.6%
- Domestic refunds grew by 26.5%
- Import-related refunds surged by 55.3%
State-wise Contributions
Industrial and service-oriented states including Maharashtra, Karnataka, Gujarat, Tamil Nadu, and Haryana collectively contributed over 40% of total GST revenue, highlighting their crucial role as economic powerhouses.
Regional Growth Patterns
The government noted broad-based growth across all regions in both pre-settlement and post-settlement GST revenues. The inclusion of Integrated GST (IGST) shares has further strengthened state fiscal positions.
