GST collections grow 8.8 pc to over Rs 2 lakh cr in March

New Delhi, Apr 1: Gross GST collections grew 8.8 per cent to over Rs 2 lakh crore in March, aided by tax mop-ups from domestic sales as well as imports, government data showed on Wednesday.

The gross Goods and Services Tax (GST) mop-up was Rs 1.83 lakh crore in March, 2025.

Gross domestic revenues rose 5.9 per cent to over Rs 1.46 lakh crore, while those from imports grew 17.8 per cent to Rs 53,861 crore.

Refund issuance during March rose 13.8 per cent to Rs 22,074 crore, the latest data showed.

After adjusting refunds, net GST revenues stood at about Rs 1.78 lakh crore, up 8.2 per cent year-on-year.

Gross GST revenue for the full 2025-26 (April-March) fiscal recorded a growth of 8.3 per cent to over Rs 22.27 lakh crore.

Net revenues, after adjusting for refunds, grew 7.1 per cent to Rs 19.34 lakh crore in FY26. (PTI)

Hot this week

Pay hike of Assam ministers, MLAs likely as 3-member panel submits report

Full report likely by Oct 30 Guwahati Sept 25: There...

Meghalaya Biological Park Inaugurated After 25 Years: A New Chapter in Conservation and Education

Shillong, Nov 28: Though it took nearly 25 years...

ANSAM rejects Kuki’s separate administration demand, says bifurcation not acceptable

Guwahati, Sept 8: Rejecting the separate administration demand of...

Meghalaya man missing in Bangkok

Shillong, Jan 10: A 57-year-old Meghalaya resident, Mr. Treactchell...

Meghalaya’s historic fiber paves the way for eco-friendly products and sustainable livelihoods

By Roopak Goswami Shillong, Oct 25: From making earbuds to...

Rajya Sabha passes CAPF bill, Opposition walks out

New Delhi, Apr 1: The Rajya Sabha on Wednesday...

CBI registers fresh case against Reliance Communications, Anil Ambani

New Delhi, Apr 1: The CBI on Wednesday registered...

Mizoram CM kicks off self-enumeration exercise of Census 2027

Aizawl, Apr 1: Mizoram Chief Minister Lalduhoma on Wednesday...

Congress to bring in law to protect infiltrators in Assam, if it comes to power: PM

Gogamukh (Assam), Apr 1: Prime Minister Narendra Modi on...

Amended bill on rights of transgender persons gets Presidential assent

New Delhi, Apr 1: An amendment bill which provides...

Lok Sabha passes bill to recognise Amaravati as Andhra capital

New Delhi, Apr 1: A bill seeking to recognise...
spot_img

Related Articles

Popular Categories