GST Revenue Climbs in June, Surpassing ₹1.85 Lakh Crore

India’s GST collections for June witnessed a 6.2% year-on-year increase, totaling over ₹1.85 lakh crore, as revealed by recent data. This represents a rise from the previous year’s ₹1.74 lakh crore, despite a dip from May’s ₹2.01 lakh crore. The collections across Central-GST, State-GST, Integrated-GST, and cess all saw year-on-year growth. The domestic GST collections show a mixed picture, potentially due to global economic factors influencing consumer behavior. Encouragingly, regions including Nagaland, Sikkim, Tripura, Lakshadweep, and Ladakh displayed robust growth, suggesting increased consumer spending and government infrastructure investment. The 2024-25 fiscal year saw a landmark achievement with a gross GST collection of ₹22.08 lakh crore, up 9.4% from the previous year. The average monthly GST collection of ₹1.84 lakh crore is the highest since 2017. GST collections have steadily increased, rising from ₹11.37 lakh crore in 2020-21 to ₹20.18 lakh crore in 2023-24. There are now over 1.51 crore active GST registrations as of April 30, 2025. These positive figures underscore India’s economic strength, marked by solid domestic consumption and import activity, demonstrating resilience amidst global economic challenges. The GST system was launched on July 1, 2017, with a commitment to compensate states for any revenue losses for five years.