India’s gross GST collection in July rose 7.5% YoY, reaching ₹1.96 lakh crore.
Collections moved up from ₹1.84 lakh crore in June to ₹1.96 lakh crore in July
.
Total GST mop-up from April to July summed to ₹8.18 lakh crore, up 10.7% YoY.
Collection growth persisted despite global tensions impacting consumer sentim
ent.
Domestic GST (CGST+SGST) rose around 6.7%, while import-related IGST surged about
9.5%.
Net GST revenue (after refunds) stood at around ₹1.68 lakh crore, up 1.7% YoY.
Refunds jumped 66.8% YoY to ₹27,147 crore, supporting business cash flows.
Analysts saw sustained consumption trends and improving compliance.
States like Andhra Pradesh, Madhya Pradesh, and West Bengal posted double-digit growth.
Strong GST inflow signals resilience amid geopolitical headwinds and policy uncertainty
.