Published on Sep 2, 2025
Current Affairs
Goods and Services Tax (GST)
Goods and Services Tax (GST)

♦ India’s Goods and Services Tax (GST) collections rose by 6.5% year-on-year to Rs.1.86 lakh crore in August 2025, according to government data released on September 1.

♦ This marks the eighth consecutive month that revenues have remained above the Rs.1.8 lakh crore mark.

♦ During August, gross domestic GST revenue grew 9.6% to Rs.1.37 lakh crore, while tax from imports slipped 1.2% to Rs.49,354 crore.

♦ Refunds fell sharply by 20% year-on-year to Rs.19,359 crore.

♦ Net GST revenue, however, showed strong momentum, rising 10.7% to Rs.1.67 lakh crore.