The latest interim data, published on February 28, 2025, highlights a significant rise in GST collections compared to February 2024. Domestic GST revenues surged by approximately 10.2%, increasing from ₹1,28,760 crore to ₹1,41,945 crore. Meanwhile, import revenues grew by 5.4%, reflecting steady growth in cross-border tax contributions.
A detailed analysis reveals that the total gross GST revenue, comprising both domestic and import components, rose by around 9.1%, climbing from ₹1,68,337 crore in the previous year to ₹1,83,646 crore in February 2025.
According to the data, the monthly breakdown includes ₹35,204 crore from Central GST, ₹43,704 crore from State GST, ₹90,870 crore from Integrated GST, and ₹13,868 crore from compensation cess.
The total compensation issued in February amounted to ₹20,889 crore, marking a 17.3% year-on-year increase. Net GST collections also saw an 8.1% rise, reaching approximately ₹1.63 lakh crore during February 2025.
State performance varied across regions. Several states and Union Territories recorded notable gains: Haryana’s collections jumped by 20%, Rajasthan and Uttar Pradesh both saw a 14% increase, and the central jurisdiction reported an impressive 45% rise. However, some regions experienced declines, with Jammu and Kashmir witnessing a 2% drop and areas like Ladakh and Lakshadweep facing significant decreases.
While these figures are interim and subject to final adjustments, the overall trend underscores the robustness of the GST framework, which continues to evolve and make substantial contributions to the national treasury.
In the Union Budget, the government projected an 11% annual increase in GST revenue, estimating total collections at ₹11.78 lakh crore, including Central GST and compensation.
