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Gross Goods and Services Tax (GST) collections grew 15.4% to more than ₹2.11 lakh crore in July on higher mop-up from sales and imports, reflecting sustained domestic consumption. Gross GST collections were ₹1.83 lakh crore in July 2025 and ₹1.95 lakh crore last month.
Tax collection from domestic transactions grew 10.1% to more than ₹1.44 lakh crore, while gross revenues from imports were up 29% to ₹66,511 crore.
Deloitte India Partner M.S. Mani said the GST collection reflects continued economic resilience despite challenges in the external environment.
"Steady growth in GST collections each month on domestic consumption indicates that overall domestic consumption is becoming largely insulated from seasonal variations and external headwinds," Mr. Mani said, adding that GST collections in July increased in major manufacturing States such as Maharashtra, Gujarat, Karnataka, and Telangana.
KPMG, Indirect Tax Head & Partner, Abhishek Jain said much of the July GST revenue growth was driven by imports and it would be worth digging into whether that's finished goods or raw materials, and how much of it simply reflects a weaker rupee rather than higher volumes.
Gross Central Goods and Services Tax (CGST) revenue during the month stood at ₹39,835 crore, while State GST (SGST) and Integrated GST (IGST) mop-up were ₹47,881 crore and more than ₹1.23 lakh crore, respectively.
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