GST Collections March 2025: ₹1.96 Lakh Crore
Why in the news
Gross GST receipts for March 2025 rose almost 10% from a year earlier, the second-largest monthly haul so far.
Key facts
- March 2025: ₹1,96,141 crore, up 9.9%; second-highest monthly figure ever.
- Imports GST up 13% to nearly ₹47,000 crore; domestic up 8.8% to just under ₹1.5 lakh crore.
- FY25 monthly average ₹1.84 lakh crore (FY24: ₹1.68 lakh crore); full-year ₹22 lakh crore, +9.5%, slowest since post-pandemic recovery.
- Refunds rose 41%: imports 202%, exports 25.7%.
State-wise change
| Rising | Falling |
|---|---|
| Haryana +16% | Arunachal Pradesh -8% |
| Delhi +15.9% | Nagaland -4% |
| Maharashtra +12.4% | |
| Bihar +12.1% |
Outlook
- Tighter audits expected; consumption slowdown and import dependence remain worries.
- Export refunds point to manufacturing strength under Make in India.
Exam angle
- Recall: ₹1,96,141 crore (March) and ₹22 lakh crore (FY25).