Published on Apr 2, 2025
Current Affairs
Central Board of Indirect Taxes and Customs (CBIC)
Central Board of Indirect Taxes and Customs (CBIC)

♦ Gross GST collections increased 9.9% to Rs.1.96 lakh crore in March 2025 as against Rs.1.78 lakh crore in the March 2024, according to data from Central Board of Indirect Taxes and Customs (CBIC) released on 1 April 2025.

♦ This was the highest since April 2024, when gross GST collections were slightly higher at Rs.2.01 lakh crore.

♦ Net GST increased 7.3% to Rs.1.76 lakh crore in the month under review as against Rs.1.64 lakh crore in the year ago period.

♦ On an annual basis, the government collected Rs.22.08 lakh crore in Gross GST in 2024-25, which was 9.4% more than revenue collected in 2023-24.

♦ Net GST collections rose 8.6% to Rs.19.6 lakh crore in the past fiscal against Rs.18.01 lakh crore in the year before.