India’s GST revenue October 2025 collection surged to ₹1,95,936 crore, marking a 4.6% increase compared to ₹1,87,346 crore in October 2024. The sharp rise comes on the back of the recent GST rate rationalisation implemented in late September 2025, reflecting strong consumer demand during the festive season.
The yearly growth from October 2024 to October 2025 stands at 7.8%, rising from ₹9,65,138 crore to ₹10,40,055 crore. Domestic gross revenue grew by 2% while import-related GST saw a substantial 12.9% growth, highlighting strong trade activity and resilient economic fundamentals.
GST Revenue October 2025 Shows Strong Growth in Domestic and Import Collections
The breakdown of collections (see Table 1) shows domestic GST revenue increasing from ₹1,42,251 crore in October 2024 to ₹1,45,052 crore in October 2025, reflecting steady consumption patterns. Import GST revenue rose from ₹45,096 crore to ₹50,884 crore — a 12.84% increase — indicating buoyant international trade and improved compliance.
The total gross GST revenue October 2025 across CGST, SGST, IGST, and Cess reached ₹1,95,936 crore compared to ₹1,87,346 crore last year, confirming India’s expanding tax base under the unified tax regime.
Refunds and Net GST Revenue Indicate Positive Fiscal Trend
The monthly GST refund growth stood at 39.6%, with domestic refunds increasing by 26.5% and import refunds by 55.3%. Refund amounts rose from ₹10,484 crore to ₹13,260 crore (domestic) and from ₹8,808 crore to ₹13,675 crore (imports).
The Net GST revenue October 2025 reached ₹1,69,002 crore, showing a 0.6% monthly and 7.1% yearly growth compared to ₹1,68,054 crore in October 2024. This steady upward trajectory signals effective tax administration, increased compliance, and sustained business activity.
State-Wise GST Performance Reflects India’s Balanced Growth
State-wise data (see Table 3) reveals Maharashtra, Karnataka, Gujarat, Tamil Nadu, and Haryana contributed over 40% of total GST revenue, reaffirming their status as key economic drivers.
While some states such as Nagaland (46%), Arunachal Pradesh (44%), and Lakshadweep (39%) recorded double-digit growth, others like Jharkhand (-15%) and Himachal Pradesh (-17%) saw slight declines. This mixed performance highlights regional consumption patterns and post-rationalisation adjustments.
The post-settlement GST revenues (see Table 4) also show a healthy national average growth of 7%, underscoring fiscal stability and efficient fund distribution across States and Union Territories.
GST Revenue October 2025 Reflects India’s Economic Resilience
The consistent rise in GST revenue October 2025 showcases India’s economic resilience, expanding compliance network, and robust domestic demand. Import-related GST collections underline positive trade sentiment, while strong state-wise growth points to improved consumption across sectors.
The government’s focus on rate rationalisation, compliance monitoring, and digital invoicing has further strengthened the GST ecosystem. Overall, the upward trend reinforces India’s fiscal stability and positions the economy on a solid trajectory for FY 2025–26.
Get Latest News Live on MTIMES along with Breaking News and Top Headlines, Political News and around The World.
You May Like
Trending Searches Today |
Lenskart Solutions IPO Opens on October 31: Price Band, Allotment, Listing Date, and Review
Donald Trump Calls PM Modi ‘Nicest-Looking Guy’ and ‘Tough as Hell’
CBDT Extends ITR Filing Deadline for AY 2025-26 to December 10
CBSE Releases Date Sheet for Class 10 and 12 Board Exams 2026
Mumbai Indians Confirm Rohit Sharma’s Future Amid Trade Rumours To KKR
TRAI Introduces CNAP: India’s Verified Caller ID System to Curb Scam and Spam Calls
- 🎨 Complete Beads Kit for Creative Fun Includes colorful beads, charms, scissors, and elastic string – all in one jewelry…
- 🎁 Perfect Gift for Girls Age 8-10 Ideal birthday gift or holiday present for kids aged 7-14 years – this bracelet making…
- 🧵 Safe & Easy to Use Crafted from child-safe materials – perfect for young kids and beginners exploring their first DIY …
- Product Details: AEROFAST DIY Spray Paint | Colour: Heather Violet | Paint Type: Acrylic | Finish Type: Smooth & Glossy …
- Multi-Purpose Paint Spray: Aerosol spray paint can be used on multiple surfaces as it is designed for indoor and outdoor…
- Quick Dry Paint: 50% quick dry makes it easy to use instantly and gives long lasting sprays for your home dcor like pots…
- 1.QUICK CURING Drying: Our Flower Dip Resin has UV-activated formula ensures rapid hardening when exposed to ultraviolet…
- 2.Easy to Use, no Mixing Required – after dipping the object in the can, it dries very quickly to the UV lamp. It takes …
- 3. This UV dip resin is versatile, ideal for simple projects like jewellery making and sealing leaves, petals, or butter…