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GST collection increased by 9.9% to over Rs 1.96 lakh crore in March
GST: The government released the collection figures for the month of March on Tuesday. According to government data, GST revenue from domestic transactions in March increased by 8.8 percent to Rs 1.49 lakh crore, while revenue from imported goods increased by 13.56 percent to Rs 46,919 crore. Let us know about this in detail.
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“GST collection increased by 9.9% to over Rs 1.96 lakh crore in March”
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1 Apr 2025
Gross GST collection increased 9.9 percent to Rs 1.96 lakh crore in March. The government released the data related to this on Tuesday.
According to the data released by the government, GST revenue from domestic transactions in March increased by 8.8 percent to Rs 1.49 lakh crore, while revenue from imported goods increased by 13.56 percent to Rs 46,919 crore.
Refunds worth 41 percent more at Rs 19,615 crore were given in March.
Following refund adjustments, the net GST revenue in March 2025 was more than Rs 1.76 lakh crore, 7.3 per cent higher than that in the same month last year.
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