Overview
- Net GST revenue reached about Rs 1.45 lakh crore, up 2.2% year-on-year after higher refunds.
- Domestic GST grew a modest 1.2% to roughly Rs 1.22 lakh crore, while import-linked IGST jumped 19.7% to Rs 51,977 crore.
- Refunds totaled Rs 28,980 crore, up about 31% year-on-year, with domestic refunds surging and export refunds slightly lower.
- Net compensation cess fell sharply to Rs 4,238 crore, a decline of roughly 64–65% from a year earlier.
- For April–December 2025, gross GST collections stood at about Rs 16.50 lakh crore, up 8.6%, with state-wise outcomes diverging as industrial hubs like Maharashtra, Gujarat, and Haryana outperformed and several regions contracted.