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Net GST collection rises 7.3% in March
Business Standard
|April 02, 2025
Tax Matters March 2025 GST scenario
The net goods and services tax (GST) collection grew marginally by 7.3 per cent year-on-year (Y-o-Y) to ₹1.76 trillion in March, according to provisional data released by the government on Monday. Sequentially, the mop-up was higher than February's ₹1.62 trillion, which saw 8.1 per cent Y-o-Y growth.
The gross GST collection — the amount before adjusting for refunds — rose by 9.9 per cent in March to ₹1.96 trillion. Domestic refunds rose by 2.8 per cent, while total refunds, including those on imports (201.9 per cent Y-o-Y), climbed by 41.2 per cent to ₹0.19 trillion. 
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