FPJ News Service mumbai

The country’s goods and services tax (GST) collections climbed by 10% to Rs 1.96 lakh crore in March 2025 as against Rs 1.78 lakh crore in March 2024, according to official government statistics released on Tuesday.  The mop-up was the second-highest ever. Central GST collections in March this year stood at Rs 38,145 crore as against Rs 34,532 crore. State GST collections were Rs 49,891 crore as compared to RS 43,746 crore.

Total Net GST collections stood 7.3 per cent up in March at Rs 1.76 lakh crore as compared to RS 1.64 lakh. Gross GST collections for FY25 stands Rs 22.08 lakh crore, recording a 9.4% growth. Net collections for the FY25 is Rs 19.56 lakh crore.

GST collections rose 9.1% to Rs 183,646 crore in February as there was a sharp increase in tax flows. Collections for January had crossed Rs 1.9 lakh crore, registering a 12.3% increase compared to the corresponding period of last year. State-wise growth of GST revenues during March, 2025 stood at RS 1.49 lakh crore as against RS 1.37 lakh crore.

 Deloitte India Partner MS Mani said the 9.9 per cent increase in gross GST collection for the month reflects the impact of year-end sales push by businesses. "It is very encouraging to see that this is not an isolated instance as GST collections have shown a steady increase every month reflected by the 9.4 per cent increase in annual Gross GST collections," Mani said.

KPMG in India, Partner and Head, Indirect Tax, Abhishek Jain said, a nearly 10 per cent growth in collections compared to last year reflects economic stability and strong tax compliance by companies. "With fiscal year-end adjustments and reconciliations underway, we can expect a further surge in month-on-month growth in the next set of collection," Jain added.