GST Collection Soars 6.1% in December, Government Exchequers Receive ₹1.74 Lakh Crore

Business
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Moneycontrol•01-01-2026, 15:37
GST Collection Soars 6.1% in December, Government Exchequers Receive ₹1.74 Lakh Crore
- •December 2025 GST collection hit ₹1.74 lakh crore, marking a 6.1% year-on-year increase.
- •GST refunds surged by 30.9% to ₹28,980 crore in December 2025, indicating faster processing.
- •Domestic GST revenue saw a 1.2% rise to ₹1.22 lakh crore, while import tax jumped 19.7% to ₹51,977 crore.
- •Net GST collection after refunds for December 2025 stood at ₹1.45 lakh crore, up 2.2% from the previous year.
- •Gross GST collection for April-December 2025-26 reached ₹16.50 lakh crore, an 8.6% increase year-on-year.
Why It Matters: India's GST collection shows robust growth in December and fiscal year, boosting government revenue.
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