Daijiworld Media Network- New Delhi

New Delhi, Apr 2: India’s Goods and Services Tax (GST) collections surged by 10% in March, reaching a robust Rs 1.96 lac cr, according to the latest data released by the Finance Ministry on Saturday. This marks one of the highest monthly collections since the implementation of the GST regime in July 2017.

The steady growth in GST revenue is attributed to improved compliance, economic recovery, and increased business activities across various sectors. March 2025 also witnessed a surge in year-end tax payments, which further contributed to the revenue boost.

Of the total collection, Central GST (CGST) accounted for Rs 36,000 cr, State GST (SGST) for Rs 46,000 cr, and Integrated GST (IGST) for Rs 1.04 lac cr, including Rs 49,000 cr collected on import of goods. Additionally, cess collections amounted to Rs 10,000 cr, including Rs 900 cr from imported goods.

Finance ministry officials expressed satisfaction over the consistent growth trend, noting that the average monthly gross GST collection for the financial year 2024-25 has been around Rs 1.55 lac cr.

Experts believe the impressive collection figures reflect a strengthening economy and improved tax administration. Analysts have also credited technological interventions such as e-invoicing and data analytics for plugging revenue leakages.

States like Maharashtra, Karnataka, Tamil Nadu, and Gujarat reportedly contributed significantly to the GST revenue pool, showcasing healthy economic activity.

With the latest figures, the government is optimistic about achieving its revenue targets for the current fiscal year.