The total gross GST revenue collected in March rose by a 8.8% to ₹2 lakh crores compared to the ₹1.83 lakh crores collected in March last year.
After accounting for all refunds, the total net GST revenue for the month stood at ₹1.77 lakh crore, reflecting a 8.2% increase over ₹1.64lakh crore collected in the same month of the previous year.
A closer look at the components reveals that the gross domestic revenue has gone up by 5.9% in March to ₹1.46 lakh crore, which previously stood at ₹1.38 lakh crore in March 2025. This domestic collection consisted of ₹40549 crore in CGST, ₹53268 crore in SGST, and ₹52,385 crore in IGST. In contrast, revenue from imports showed robust growth, with gross import revenue (IGST) reaching ₹53,861 crore, an 17.8% increase over the ₹ 45,739 crore collected in March 2025.
MS Mani, Partner, Deloitte India, said “While these collections indicate that the consumption sentiment continues to be strong , it is interesting to see that the 8% plus growth in the gross GST collections has been significantly helped by the very strong 14% plus collections in the import GST numbers. There has been a significant increase in imports which has contributed to the GST collections on imports , this would also have led to a significant increase in the customs duty collections . Since these figures relate to the production/ consumption during February 26 , it would not reflect the impact of the ongoing crisis in West Asia .”
While large states such as Maharashtra, Karnataka and Telangana continue to show robust growth in collections, states such as Haryana, AP, MP demonstrate slower growth.