US EditionGST Mop-up at ₹1.96 Trillion in July, but Higher Refunds Slow Net Revenue Growth
INDIA, AUG 1 – India's gross GST collections rose 7.5% to Rs 1.96 lakh crore in July 2025, while refunds surged 66.8%, moderating net revenue growth to 1.7%, government data shows.
- In July 2025, the combined revenue from India’s GST reached ₹1.96 trillion, reflecting a 7.5% growth compared to the same month in the previous year, as per official figures released on August 1, 2025.
- This growth follows steady economic expansion, improved compliance, and the GST Council's ongoing efforts since its formation in 2016 to simplify the tax framework and support revenue augmentation.
- Gross GST receipts from April to July 2025 rose 10.7% year-on-year to ₹8.18 lakh crore, but higher refunds, up 66.8% to ₹27,147 crore, moderated net revenue growth to 1.7% in July.
- M.S. Mani of Deloitte India noted the refund increase indicates stability in online refunds and quicker sanctioning, while state collections showed varied growth, with Madhya Pradesh up 18% and Manipur down 36%.
- These results signal economic resilience amid global uncertainties and a positive fiscal outlook, supported by manufacturing output reaching a 16-month high of 59.1 in July 2025.
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GST mop-up at ₹1.96 trillion in July, but higher refunds slow net revenue growth
India’s GST revenue grew 7.5% on year in July, but a sharp surge in refunds pushed net growth down to just 1.7%, suggesting stability in online refund mechanism and relief to businesses.
·New Delhi, India
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GST collections jump 7.5% in July to Rs 1.95 lakh crore - The Tribune
The Goods and Services Tax (GST) collections in July, in gross terms, rose over 7.5 per cent to about 1.95 lakh crore compared to about 1.82 lakh crore in the same month last year, according to official data released Friday.
·Chandigarh, India
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Coverage Details
Total News Sources12
Leaning Left2Leaning Right4Center1Last UpdatedBias Distribution57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
L 29%
14%
R 57%
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