Gross collection from Goods & Services in August grew at 6.5 per cent in August and crossed ₹1.86 lakh crore, Finance Ministry reported on Monday. However, with refunds turning negative, net collection saw a growth of 10.7 per cent and reached around ₹1.67 lakh crore.

GST collection in growth is related to goods consumed and services availed in July.

According to latest data, gross domestic revenue was around ₹1.37 lakh crore, which is 9.6 per cent higher than around ₹1.25 lakh crore of August last year. During this period, collection from import declined to over ₹49,300 crore from around ₹50,000 crore.

In August this year, domestic refund declined by over 21 per cent, while that to exporters came down to around 18 per cent.

Published on September 1, 2025