Aug GST revenue at ₹1.86 L cr; lower than Jul

The goods and services tax (GST) collections reached ₹1.86 lakh crore in August, a 6.5% increase over the same month last year, according to data released by the Ministry of Finance on Monday.

- Pushpita Dey @ New Delhi

However, the collection in August is slightly lower than that of July's ₹1.96 lakh crore.

Of the total gross collections in August, Central GST collection stood at ₹34,076 crore, and state GST at ₹42,854 crore, integrated GST at ₹97,186 crore and cess at ₹12,199 crore. After adjusting for refunds, the net revenue recorded at ₹1.67 lakh crore, showing a growth of more than 10% compared to August 2024. Refunds in August were lower at ₹19,359 crore, down nearly 20% year-on-year, which supported higher net collections.