GST Collection Growth: According to the government data released on Friday, India’s Goods and Services Tax (GST) collection increased to Rs 1.96 lakh crore in July, which is 7.5 percent more than the same period last year.
This increase occurred due to an increase in revenue derived from both domestic transactions and imports, which reflects stable economic activity, although the pace of development remained slower than recent months.
Between April and July this year, gross GST revenue was Rs 8.18 lakh crore – which shows an increase of 10.7 percent from Rs 7.39 lakh crore in the same period of 2024.
In July, the total gross GST coteron included Rs 35,470 crore from the central GST, Rs 44,059 crore from the state GST, Rs 1,03,536 crore from the integrated GST (including Rs 51,626 crore from imports) and Rs 12,670 crore (including Rs 1,086 crore from imports).
A collection of 1.8 lakh crores in the month of July
July was the seventh consecutive month, which led to a census of more than Rs 1.8 lakh crore, but the figure was below an average of Rs 2.1 lakh crore in the first quarter of FY 2026.
In April, GST receipts reached a record of Rs 2.37 lakh crore, which came down to Rs 2.01 lakh crore in May.
After the refund adjustment, the net GST revenue in July stood at Rs 1,68,588 crore, which is only 1.7 percent more than Rs 1,65,800 crore a year ago.
Due to this increase
The slight increase was due to a rapid increase of 66.8 percent in the refund, which reached Rs 27,147 crore this month as compared to Rs 16,275 crore in July 2024.
For the April-July period, pure GST revenue increased by 8.4 percent to Rs 7.11 lakh crore from Rs 6.56 lakh crore in the previous year.
The state-wise demonstration was mixed. Small states of the Northeast recorded a strong growth, with a growth of 41 percent to the forefront, followed by Meghalaya (26 percent), Sikkim (23 percent) and Nagaland (22 percent).
Among large states, 18 percent in Madhya Pradesh, 16 percent in Bihar, 14 percent in Andhra Pradesh and 12-12 percent in Punjab and Haryana.
30,590 crore collection from Maharashtra
Maharashtra, which contributed the most to GST, made a census of Rs 30,590 crore in July, which is 6 percent more than the previous year.
Karnataka and Tamil Nadu increased by 7 percent and 8 percent respectively, while Gujarat recorded a slight increase of 3 percent.
However, some areas saw a decline in revenue. Manipur’s GST cantuation declined by 36 percent, Mizoram 21 percent and Jammu and Kashmir and Chandigarh 5-5 percent. Delhi and Uttar Pradesh recorded a slight increase of 2 percent and 7 percent respectively.
Despite the global challenges, manufacturing activities remained flexible in July, the production rose to 16 months high of 59.1, which supported the overall economic speed.
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