GST Revenue Rises
in October Even After Cut in 28 and 12 Percent Rates
India’s Gross GST revenue for October 2025
stood at ₹1,95,936
crore, marking a 4.6%
year-on-year increase from ₹1,87,346 crore in October 2024.
This rise, coming soon after GST rate rationalisation in September 2025,
reflects robust consumer
demand during the festive season.
·
Gross
Domestic GST revenue: ₹1,45,052
crore, up 2%
from ₹1,42,251 crore in October 2024.
·
GST
from imports: ₹50,884
crore, a 12.9% annual
increase, indicating strong trade momentum.
·
Total
Net GST revenue: ₹1,69,002
crore, showing 0.6%
monthly and 7.1%
yearly growth.
·
Refunds: Up 39.6% overall (domestic +26.5%, imports
+55.3%).
Industrial states — Maharashtra, Karnataka, Gujarat, Tamil
Nadu, and Haryana — contributed over 40% of total GST revenue.
Top gainers in October 2025 include:
·
Nagaland
(+46%)
·
Arunachal
Pradesh (+44%)
·
Karnataka
(+10%)
·
Telangana
(+10%)
·
Gujarat
(+6%)
Some states such as Himachal Pradesh (-17%),
Uttarakhand (-13%),
and Puducherry (-24%)
reported declines.
·
Total
Gross GST collections: ₹13.89
lakh crore, up 9%
year-on-year.
·
SGST
settlements to States/UTs
grew 7%,
led by Haryana (+22%),
Punjab (+14%),
and Maharashtra (+15%).
The October 2025 GST
data highlights resilient
domestic consumption, expanding
tax compliance, and buoyant
trade activity. The steady upward trend supports expectations
of a stable fiscal outlook
and continued economic recovery through FY 2025-26.
Key Takeaways
·
Gross GST
collections in October 2025 amount to ₹1,95,936 crores
·
A year-on-year
monthly growth of 4.6% for the period October 2024 to October 2025
·
Gross
Domestic GST revenue grew by 2.0%,
rising from ₹1,42,251 crore in October 2024 to ₹1,45,052
crore in October 2025.
Gross Goods and Services Tax (GST)
revenue collected for October 2025 is ₹1,95,936 crores, registering a 4.6% increase
compared to ₹1,87,346 crores for the same month last year. The sharp rise
in GST collections in the onset of the recent GST rate rationalisation in late
September 2025 indicates sustained consumer demand during the festive season.
The yearly growth for October 2024 to October 2025 is captured at 7.8%
rising from ₹9,65,138 crores in October 2024 to ₹10,40,055
crores in October 2025. The monthly Gross Domestic revenue is 2%
higher from ₹1,42,251 crores in October 2024 to ₹1,45,052 in
October 2025, while Gross GST Revenue from imports registered a
yearly growth of 12.9%, reflecting strong trade activity (see table1).
Table 1: GST Gross and Net
Collections as on 31/10/2025 (Amount in crores)
|
GST
Collections |
Monthly |
Yearly |
||||||
|
|
Oct-24 |
Oct-25 |
%
Growth |
Oct-24 |
Oct-25 |
%
Growth |
||
|
A |
B |
C |
D = C/B-1 |
E |
F |
G = F/E-1 |
||
|
A.1.
Domestic |
||||||||
|
CGST |
33,821 |
36,547 |
|
2,37,373 |
2,58,364 |
|
||
|
SGST |
41,864 |
45,134 |
|
2,94,365 |
3,20,425 |
|
||
|
IGST |
54,878 |
55,647 |
|
3,51,963 |
3,83,000 |
|
||
|
CESS |
11,688 |
7,724 |
|
81,437 |
78,266 |
|
||
|
Gross
Domestic Revenue |
1,42,251 |
1,45,052 |
2.0% |
9,65,138 |
10,40,055 |
7.8% |
||
|
A.2.
Imports |
||||||||
|
IGST |
44,233 |
50,796 |
|
3,02,524 |
3,43,423 |
|
||
|
CESS |
863 |
88 |
|
6,779 |
5,889 |
|
||
|
Gross
Import Revenue |
45,096 |
50,884 |
12.84% |
3,09,303 |
3,49,312 |
12.9% |
||
|
A.3.
Gross GST Revenue (A.1 + A.2) |
||||||||
|
CGST |
33,821 |
36,547 |
|
2,37,373 |
2,58,364 |
|
||
|
SGST |
41,864 |
45,134 |
|
2,94,365 |
3,20,425 |
|
||
|
IGST |
99,111 |
1,06,443 |
|
6,54,488 |
7,26,423 |
|
||
|
CESS |
12,550 |
7,812 |
|
88,216 |
84,154 |
|
||
|
Total
Gross GST Revenue |
1,87,346 |
1,95,936 |
4.6% |
12,74,442 |
13,89,367 |
9.0% |
||
|
|
|
|
|
|
|
|
|
|
Source: https://tutorial.gst.gov.in/downloads/news/net_revvenue_gst_oct_2025.pdf
The monthly percentage growth in
total GST Refunds is 39.6% with Refunds- Domestic at 26.5%
and Refunds -Imports at 55.3% rising from ₹10,484 in
October 2024 to ₹13,260 in October 2025 and ₹8,808 to
₹13,675 respectively. Total Net GST revenue for October
2025 stands at ₹1,69,002 crore, which is 0.6% higher(monthly
growth) and 7.1% higher (yearly growth) than the corresponding period
last year at ₹1,68,054 crore.
Strong, Steady Performance in FY
2025–26
The steady performance of Indian
economy demonstrates the resilience of India’s domestic consumption and the
expanding tax base under the GST regime. The breakdown of GST collections for
October 2025 is testimony of the same (see table 2).
Table 2: GST Collections, October
2025: A Snapshot
|
Component |
Amount
(₹ crore) |
|
Central
Goods and Services Tax (CGST) |
36,547 |
|
State
Goods and Services Tax (SGST) |
45,134 |
|
Integrated
Goods and Services Tax (IGST) |
1,06,443 |
|
Cess |
7,812 |
|
Total
Gross GST Collection |
1,95,936 |
Source: https://tutorial.gst.gov.in/downloads/news/net_revvenue_gst_oct_2025.pdf
State-Wise Performance
It is commendable that several
industrial and service-oriented states have reported a significant growth in
GST collections compared to October 2024 (see table 3).
Maharashtra, Karnataka, Gujarat,
Tamil Nadu, and Haryana together contributed over 40% of the total GST
revenue, underscoring their role as major consumption and production
hubs.
Table- 3 shows trends in state-wise
growth of GST revenues during October 2025 (doesn’t include GST on imports of
goods). Table- 4 shows the state-wise figures in Rs. Crores of pre-settlement
and post- settlement GST revenue till the month of October, 2025. It shall be
noted that Post-settlement GST is cumulative of the GST revenues of the
State/UTs and the SGST portion of the IGST settled to the State/UTs.
Table 3: State-wise growth of GST
Revenues during October, 2025
|
State/UT |
Oct-24 |
Oct-25 |
Growth (%) |
|
Jammu
and Kashmir |
608 |
551 |
-9% |
|
Himachal
Pradesh |
867 |
722 |
-17% |
|
Punjab |
2,211 |
2,311 |
4% |
|
Chandigarh |
243 |
233 |
-4% |
|
Uttarakhand |
1,834 |
1,604 |
-13% |
|
Haryana |
10,045 |
10,057 |
0% |
|
Delhi |
8,660 |
8,538 |
-1% |
|
Rajasthan |
4,469 |
4,330 |
-3% |
|
Uttar
Pradesh |
9,602 |
9,806 |
2% |
|
Bihar |
1,604 |
1,652 |
3% |
|
Sikkim |
333 |
308 |
-8% |
|
Arunachal
Pradesh |
58 |
84 |
44% |
|
Nagaland |
45 |
66 |
46% |
|
Manipur |
67 |
65 |
-3% |
|
Mizoram |
41 |
40 |
-3% |
|
Tripura |
105 |
99 |
-6% |
|
Meghalaya |
164 |
161 |
-2% |
|
Assam |
1,478 |
1,440 |
-3% |
|
West
Bengal |
5,597 |
5,556 |
-1% |
|
Jharkhand |
2,974 |
2,518 |
-15% |
|
Odisha |
4,592 |
4,824 |
5% |
|
Chhattisgarh |
2,656 |
2,598 |
-2% |
|
Madhya
Pradesh |
3,649 |
3,449 |
-5% |
|
Gujarat |
11,407 |
12,113 |
6% |
|
Dadra
and Nagar Haveli and Daman & Diu |
369 |
405 |
10% |
|
Maharashtra |
31,030 |
32,025 |
3% |
|
Karnataka |
13,081 |
14,395 |
10% |
|
Goa |
559 |
545 |
-3% |
|
Lakshadweep |
1 |
2 |
39% |
|
Kerala |
2,896 |
2,833 |
-2% |
|
Tamil
Nadu |
11,188 |
11,588 |
4% |
|
Puducherry |
252 |
192 |
-24% |
|
Andaman
and Nicobar Islands |
28 |
36 |
30% |
|
Telangana |
5,211 |
5,726 |
10% |
|
Andhra
Pradesh |
3,815 |
3,490 |
-9% |
|
Ladakh |
56 |
78 |
39% |
|
Other
Territory |
191 |
247 |
29% |
|
Center
Jurisdiction |
266 |
366 |
38% |
|
Grand
Total |
1,42,251 |
1,45,052 |
2% |
Source: https://tutorial.gst.gov.in/downloads/news/net_revvenue_gst_oct_2025.pdf
Table-4: SGST & SGST portion of
IGST settled to States/UTs till October, 2025(Rs. in crore)
|
State/UT |
Pre-Settlement
SGST 2024-25 |
Pre-Settlement
SGST 2025-26 |
Growth |
Post-Settlement
SGST 2024-25 |
Post-Settlement
SGST 2025-26 |
Growth |
|
Jammu
and Kashmir |
1,765 |
1,770 |
0% |
5,143 |
4,693 |
-9% |
|
Himachal
Pradesh |
1,597 |
1,577 |
-1% |
3,603 |
3,580 |
-1% |
|
Punjab |
5,342 |
5,770 |
8% |
13,551 |
15,494 |
14% |
|
Chandigarh |
429 |
438 |
2% |
1,346 |
1,306 |
-3% |
|
Uttarakhand |
3,393 |
3,799 |
12% |
5,349 |
5,884 |
10% |
|
Haryana |
13,472 |
14,962 |
11% |
22,973 |
28,006 |
22% |
|
Delhi |
10,415 |
11,711 |
12% |
20,092 |
22,929 |
14% |
|
Rajasthan |
10,418 |
11,232 |
8% |
24,541 |
26,387 |
8% |
|
Uttar
Pradesh |
20,508 |
21,272 |
4% |
48,733 |
48,024 |
-1% |
|
Bihar |
5,153 |
5,998 |
16% |
16,290 |
17,824 |
9% |
|
Sikkim |
217 |
312 |
44% |
549 |
696 |
27% |
|
Arunachal
Pradesh |
330 |
456 |
38% |
1,068 |
1,239 |
16% |
|
Nagaland |
165 |
240 |
46% |
611 |
715 |
17% |
|
Manipur |
232 |
229 |
-1% |
736 |
763 |
4% |
|
Mizoram |
170 |
134 |
-21% |
562 |
543 |
-3% |
|
Tripura |
312 |
338 |
9% |
1,005 |
988 |
-2% |
|
Meghalaya |
363 |
400 |
10% |
1,049 |
1,014 |
-3% |
|
Assam |
3,703 |
4,043 |
9% |
8,985 |
10,878 |
21% |
|
West
Bengal |
14,128 |
14,857 |
5% |
26,650 |
27,109 |
2% |
|
Jharkhand |
5,075 |
5,553 |
9% |
8,188 |
8,573 |
5% |
|
Odisha |
10,354 |
10,768 |
4% |
15,035 |
14,310 |
-5% |
|
Chhattisgarh |
4,963 |
5,294 |
7% |
8,593 |
8,393 |
-2% |
|
Madhya
Pradesh |
7,820 |
8,581 |
10% |
20,385 |
20,300 |
0% |
|
Gujarat |
25,898 |
28,690 |
11% |
41,439 |
45,574 |
10% |
|
Dadra
and Nagar Haveli and Daman and Diu |
434 |
448 |
3% |
726 |
649 |
-10% |
|
Maharashtra |
64,324 |
70,775 |
10% |
96,723 |
1,10,910 |
15% |
|
Karnataka |
25,822 |
29,025 |
12% |
47,538 |
49,656 |
4% |
|
Goa |
1,451 |
1,493 |
3% |
2,479 |
2,525 |
2% |
|
Lakshadweep |
4 |
5 |
18% |
48 |
56 |
14% |
|
Kerala |
8,529 |
9,164 |
7% |
19,046 |
19,395 |
2% |
|
Tamil
Nadu |
26,359 |
28,401 |
8% |
44,744 |
45,014 |
1% |
|
Puducherry |
316 |
337 |
7% |
902 |
813 |
-10% |
|
Andaman
and Nicobar Islands |
123 |
131 |
6% |
337 |
441 |
31% |
|
Telangana |
12,089 |
12,798 |
6% |
25,306 |
26,334 |
4% |
|
Andhra
Pradesh |
8,416 |
9,049 |
8% |
19,171 |
19,696 |
3% |
|
Ladakh |
142 |
168 |
18% |
442 |
447 |
1% |
|
Other
Territory |
112 |
207 |
85% |
503 |
895 |
78% |
|
Grand
Total |
2,94,365 |
3,20,425 |
9% |
5,55,227 |
5,91,353 |
7% |
Source: https://tutorial.gst.gov.in/downloads/news/net_revvenue_gst_oct_2025.pdf
Conclusion
The October 2025 GST revenue
collections reflect continued economic resilience, strong festive
consumption, and effective compliance. The healthy rise in
import-related GST indicates buoyant trade sentiments, while domestic
collections show steady improvements.
Overall, the upward trend points
towards sustained consumption recovery, a broadening tax base,
and robust fiscal health placing India on a stable trajectory for the
remainder of FY 2025-26.