GST collection crosses ₹ 1.96 lakh crore, a tremendous lead compared to last year

New Delhi

The central government has released the GST collection data of July. In July last, the GST collection increased to Rs 1.96 lakh crore, which shows an increase of 7.5 percent as compared to the same period last year. This is the 7th consecutive month when the GST collection is more than Rs 1.80 lakh crore. However, this is less than Rs 2.1 lakh crore average of the first quarter of FY 2026. This growth is caused by domestic transactions as well as more collections than imports, indicating stable economic activity. However, the speed of development was slower than the previous months.
Total gross GST revenue included

CGST in gross collection is ₹ 35470 crore. At the same time, it is Rs 44059 crore. Apart from this, IGST was ₹ 1,03,536 crore. This includes ₹ 51626 crore collected on imports. At the same time, when we talk about cess, ₹ 12670 crore (including ₹ 1086 crore collected on imports) reached).
How much growth in the collection of which state

During July, Madhya Pradesh’s tax collection was seen by 18%, which was at the forefront of big states. At the same time, Bihar’s collection increased by 16% while Andhra Pradesh and West Bengal recorded 14% and 12% increase respectively. On the other hand, Manipur, Mizoram and Jharkhand recorded a decline of -36%, -21% and -3% respectively. Maharashtra remained the largest contributor with more than Rs 30,590 crore collection.
GST collection in June

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Earlier in June, GST collection increased by 6.2 percent to more than Rs 1.84 lakh crore. Let us know that the GST collection was Rs 2.01 lakh crore in May. At the same time, in April this year, a record of Rs 2.37 lakh crore reached a high level.

8 years of GST completed

The GST has been implemented 8 years in the country last month. GST was implemented in the country on 1 July 2017. During this time, tax collection data has set a new record. In FY 2024-25, the gross GST collection has reached Rs 22.08 lakh crore, which was only 11.37 lakh crore in 2020-21 5 years ago.

That is, tax collection has almost doubled in 5 years. The average GST collection was Rs 1.84 lakh crore every month in 2024-25. It was 95 thousand crore rupees in 2020-21 5 years ago.

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The number of taxpayers also increased more than doubled

At the time of implementation of GST, the number of registered taxpayers in 2017 was 65 lakhs, which has now increased to more than 1.51 crore. This has also strengthened the tax base of the government.

The government says that after the implementation of GST, there has been a tremendous increase in both tax collection and tax base. This has strengthened the country’s fiscal position and the tax system has become more transparent and easy.

The biggest tax collection in history in April 2025

The government raised Rs 2.37 lakh crore from Goods and Services Tax (GST) in April 2025. It increased by 12.6% on an annual basis. This is a record of GST collection.

Earlier, the record of the highest GST collection was set in April 2024. The government had then raised 2.10 lakh crore rupees.

Economy’s health shows GST collection

GST collection is an important indicator of Economic Health. Higher collections indicate strong consumer expenses, industrial activity and effective tax compliance.

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Businesses often clear the transactions from March to the end of the year in April, increasing tax filings and collections. KPMG’s National Head Abhishek Jain said that the highest GST collection so far reflects a strong domestic economy.

GST was implemented in 2017

The government implemented GST across the country on 1 July 2017. After this, 17 taxes and 13 centers of the central and state governments were removed. On the completion of 7 years of GST, the Finance Ministry posted with the achievements achieved during the last seven years.

GST is an indirect tax. It was implemented in 2017 to replace many types of indirect tax like VAT, service tax, purchase tax, excise duty. The GST has four slabs of 5, 12, 18 and 28%.

GST is divided into four parts:

Cgst (Central GST): It is collected by the Central Government.
Sgst (State GST): It is collected by state governments.
IGST (Integrated GST): Applied to interstate transactions and imports, divided between the Central and State Governments.
Cess: Additional fees levied on specific goods (eg, luxury items, tobacco) to raise funds for specific purpose.

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