Article may be outdated

This article is 60 days old. Some details may have changed since publication.

The Hindu·3 min read·medium

Gross GST collections grow 15.4% to more than ₹2.11 lakh crore in July on higher imports, sales

P
PTI
Gross GST collections grow 15.4% to more than ₹2.11 lakh crore in July on higher imports, sales
✦AI Summary

India's gross GST collections rose by 15.4% in July to over ₹2.11 lakh crore, driven by strong domestic consumption and increased imports. Experts suggest this growth indicates economic resilience across major manufacturing and service hubs.

Why it matters

GST collection figures are a key indicator of India's economic health and consumer demand.

✦Dive DeeperCreate a free account to unlock

Gross Goods and Services Tax (GST) collections grew 15.4% to more than ₹2.11 lakh crore in July on higher mop-up from sales and imports, reflecting sustained domestic consumption. Gross GST collections were ₹1.83 lakh crore in July 2025 and ₹1.95 lakh crore last month.

Tax collection from domestic transactions grew 10.1% to more than ₹1.44 lakh crore, while gross revenues from imports were up 29% to ₹66,511 crore.

Deloitte India Partner M.S. Mani said the GST collection reflects continued economic resilience despite challenges in the external environment.

"Steady growth in GST collections each month on domestic consumption indicates that overall domestic consumption is becoming largely insulated from seasonal variations and external headwinds," Mr. Mani said, adding that GST collections in July increased in major manufacturing States such as Maharashtra, Gujarat, Karnataka, and Telangana.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
economybusiness
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in