GST collections clocked close to double-digit progress to amass ₹1.89 lakh crore in September — a month in which the decreased tax charges got here into impact in the second half.
The GST collections have been 9.1% increased than the identical month a 12 months in the past and over 1.5% increased than the earlier month.
Gross Goods and Services Tax (GST) mop-up was ₹1.73 lakh crore in September 2024. Last month, the gathering was ₹1.86 lakh crore, as per authorities knowledge launched on Wednesday (October 1, 2025).
It is to be famous that GST 2.0 reforms in the type of fee rationalisation, which got here into power on September 22, have been mirrored in the collections.
Prices of as many as 375 objects, together with kitchen staples to electronics, from medicines and tools to vehicles, obtained cheaper from September 22. The month has seen elevated demand due to fee cuts.
During the month, the gross home income grew 6.8% to ₹1.36 lakh crore, whereas tax from imports rose 15.6 per cent to ₹52,492 crore in September.
However, GST refunds additionally rose by a steep 40.1% year-on-year to ₹28,657 crore.
Net GST income stood at ₹1.60 lakh crore in September 2025, recording 5% year-on-year progress.
Deloitte India accomplice MS Mani stated the rise in gross GST collections to ₹1.89 lakh crore for the month signifies that there has not been any vital slowdown in financial exercise in anticipation of the GST fee cuts throughout August, as this knowledge relates to transactions in August.
With these collections for September, he stated, the typical month-to-month collections throughout FY26 are just a bit brief ₹2 lakh crore a month, marking a big improve in contrast to FY25 when the typical month-to-month collections until September 2024 have been ₹1.8 lakh crore.
The affect of the surge in consumption from September 22 and the slowdown in demand from September 1-21, 2025, appears to have balanced one another so far as GST revenues are involved, Tax Connect Advisory accomplice Vivek Jalan stated.
However, he stated, what couldn’t stability out is the consumption in the manufacturing states (Maharashtra, Gujarat, Tamil Nadu and Karnataka) due to the slowdown in inter-state inventory transfers and provides until September 21 due to fears of ITC accumulation on fee discount and the continued slowdown due to shortage of automobiles from September 22, 2025.
