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EquityWireData Alert: India September GST mop-up INR 1.890 tln, up 9.1% on year
Data Alert

India September GST mop-up INR 1.890 tln, up 9.1% on year

This story was originally published at 15:24 IST on 1 October 2025
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Informist, Wednesday, Oct. 1, 2025

 

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--India Sept total GST collections at INR 1.890 tln 
--India Sept total GST collections at INR 1.890 tln, up 9.1% on year 
--India Sept total GST collections at INR 1.890 tln, up 1.5% on month 
--India Sept Central GST collections INR 336 bln 
--India Sept State GST collections INR 418 bln 
--India Sept Integrated GST collections INR 1.019 tln 
--India Sept GST cess collections INR 117 bln 

 

NEW DELHI – India's goods and services tax collections grew 9.1% on year to INR 1.890 trillion in September, data released by the government Wednesday showed. Sequentially, GST collections were up just 1.5% from August. September's on-year growth of 9.1% in GST collections was the fastest in four months. In September last year, GST collections grew 6.5% on year. 

 

Cumulatively, GST collections in the first six months of 2025-26 (Apr-Mar) grew 9.8% on year to INR 11.934 trillion, over 1 percentage point lower than the 10.9% growth projected in the Budget.

 

Of the total collections in September, Central GST accounted for INR 336.45 billion, State GST INR 418.36 billion, Integrated GST accounted for INR 1.019 trillion, and INR 116.52 billion was from compensation cess. GST revenue, net of refunds, was INR 1.604 trillion in September, up 5% on year.

 

Gross domestic GST revenue rose 6.8% on year to INR 1.365 trillion in September, while the import revenue rose to INR 524.92 billion from INR 453.90 billion a year ago. Refunds during the month rose sharply, by 40.1% on year, to INR 283.57 billion. The post-settlement revenues of states rose 7% on year to INR 1.365 trillion in September. 

 

Data for September accounted for the sweeping changes in the GST rates as decided in the GST Council meeting on Sept. 3, although for only a week. The GST Council overhauled the indirect tax regime by collapsing the four-slab GST structure of 5%, 12%, 18%, and 28% to a two-slab structure of 5% and 18%. The Council also introduced a new GST rate of 40%, to be imposed on sin and luxury goods. All new rates, except for those on tobacco products, took effect from Sept. 22.

 

The GST Council segmented the two broad GST slabs on the tenets of 'merit' and 'standard', putting a majority of common-use items in the 5% slab, thereby bringing down the effective average GST rate. A host of white goods, especially consumer durables like washing machines and big televisions, were moved to the 18% slab from 28%, thereby lowering the average GST rate.

 

The changes to the GST regime are expected to have a net revenue impact of around INR 480 billion annually. 

 

"It is heartening to see consistent growth in GST collections, especially when some stagnancy was expected due to postponed sales in the second fortnight of August following the announcement on GST rate rationalisation by PM (Narendra Modi) on Aug. 15," said Abhishek Jain, indirect tax head and partner, KPMG. "Another significant aspect is that this growth has continued despite the discontinuation of GST revenue from online money gaming businesses."  End

 

Reported by Priyasmita Dutta

Edited by Tanima Banerjee

 

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