Gross GST Collections Rise 6.1pc To Over Rs 1.74 lakh cr in December
As per the finance ministry data, the GST revenue in December 2024 was over Rs 1.64 lakh crore. “Gross revenue from domestic transactions rose 1.2 per cent to over Rs 1.22 lakh crore, while revenues from imported goods were up 19.7 per cent at Rs 51,977 crore during December, 2025,” the ministry said
New Delhi: With the decelerating growth in revenues following the sweeping tax cuts implemented on September 22, gross goods and services tax or GST collections rose 6.1 per cent to over Rs 1.74 lakh crore in December 2025. However, the collection has gone up on a year-on-year basis, the GST mop-up dipped slightly compared to the previous month when the figure stood at Rs 1.95 lakh crore, despite rate, according to the government data released on Thursday.
As per the finance ministry data, the GST revenue in December 2024 was over Rs 1.64 lakh crore. “Gross revenue from domestic transactions rose 1.2 per cent to over Rs 1.22 lakh crore, while revenues from imported goods were up 19.7 per cent at Rs 51,977 crore during December, 2025,” the ministry said.
The data further showed that the central GST (CGST) accounted for Rs 34,289 crore, the state GST (SGST) Rs 41,368 crore, and the integrated GST (IGST) Rs 98,894 crore. “Refunds were up 31 per cent to Rs 28,980 crore in December. Net GST revenues (after adjusting refunds) stood at over Rs 1.45 lakh crore, up 2.2 per cent year-on-year. Besides, the cess collection last month dipped to Rs 4,238 crore, as against Rs 12,003 crore collected in December 2024,” it said.
Effective September 22, 2025, GST rates on about 375 items were slashed, making goods cheaper. Also, a compensation cess levy is levied only on tobacco and related products, as against luxury, sin and demerit goods earlier. The lowering of GST rates has impacted revenue collections.
Tax experts, however, said that despite the steep cut in GST rates earlier this year, a growth of around 6 per cent in gross monthly collection is encouraging, though it is largely attributable to imports. “If this momentum continues for the remaining months of this fiscal, the year-on-year growth of around 9 per cent is still possible, which seems to be the target government might also be looking at,” said Pratik Jain, partner, Price Waterhouse & Co LLP.
“The GST council’s policies have clearly translated into higher compliance and improved cash flows across sectors. These trends indicate that even post the GST 2.0 path-breaking tax rate reductions, the tax system continues to mature, demonstrating both elasticity and stability as the economy scales,” said Mahesh Jaising, Partner & Indirect Tax Leader, Deloitte India.
