The rise in GST collections in the wake of GST rate rationalisation in late September indicates sustained consumer demand during the festive season.
The yearly growth for October 2024 to October 2025 is recorded at 7.8 per cent, rising from Rs 9,65,138 crore in October 2024 to Rs 10,40,055 crore in October 2025. The monthly gross domestic revenue is 2 per cent higher from Rs 1,42,251 crore in October 2024 to Rs 1,45,052 crore in October 2025, while Gross GST revenue from imports registered a yearly growth of 12.9 per cent, reflecting strong trade activity.
The monthly percentage growth in total GST refunds is 39.6 per cent, with refunds domestic at 26.5 per cent and refunds imports at 55.3 per cent, rising from Rs 10,484 in October 2024 to Rs 13,260 in October 2025 and from Rs 8,808 to Rs 13,675, respectively.
Total Net GST revenue for October 2025 stands at Rs 1,69,002 crore, which is 0.6 per cent higher (monthly growth) and 7.1 per cent higher (yearly growth) than the corresponding period last year at Rs 1,68,054 crore.
Maharashtra, Karnataka, Gujarat, Tamil Nadu and Haryana together contributed over 40 per cent of the total GST revenue, underscoring their role as major consumption and production hubs.
The October 2025 GST revenue collections reflect continued economic resilience, strong festive consumption, and effective compliance. Overall, the upward trend points towards sustained consumption recovery, a broadening tax base, and robust fiscal health.
