New Delhi, April 1 -- India's Goods and Services Tax (GST) collection for March grew by 9.9% to over Rs 1.96 lakh crore, according to government data released on Tuesday. This marks the 13th consecutive month of GST collections exceeding Rs 1.7 lakh crore.
GST revenue from domestic transactions saw an 8.8% increase, amounting to Rs 1.49 lakh crore, while revenue from imported goods grew by 13.56% to Rs 46,919 crore. Total refunds during March rose by 41% to Rs 19,615 crore.
After adjusting for refunds, net GST revenue stood at over Rs 1.76 lakh crore, reflecting a 7.3% growth compared to the same period last year.
For the fourth quarter of FY25, GST collections reached Rs 5.8 lakh crore, marking a 10.4% increase compared to the previou...
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