📊 GST Collection Growth again on uptick in February 2025 after slow down post Octo_24. – 🚀 📊 GST Collection Growth again on uptick in February 2025 after slow down post Octo_24. – 🚀 | Profit From It
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📊 GST Collection Growth again on uptick in February 2025 after slow down post Octo_24. – 🚀

Created by Piyush Patel_ in Economic Update Visit: 427 2 Mar 2025
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📊 GST Collection Growth again on uptick in February 2025 after slow down post Octo_24.  –  🚀



📅 Overall GST Growth Trends (YoY & MoM)

📆 Month

💰 Gross GST Collection (₹ Cr)

📈 MoM Growth (%)

🔥 YoY Growth (%)

🟢 Oct 2024

₹1,72,000

-

+10.3%

🟢 Nov 2024

₹1,75,300

+1.92%

+9.22%

🟡 Dec 2024

₹1,78,900

+2.05%

+8.95%

🟡 Jan 2025

₹1,81,500

+1.45%

+8.68%

🔵 Feb 2025

₹1,83,646

+1.18%

+9.1%


🔍 Key Takeaways:

  • Post October 2024 YoY growth of double digit at +10.26%, We saw slow down in GST growth.

  • Growth slightly even slowed in December & January, likely due to economic slowdown. .

  • February 2025 rebounded to 9.09% YoY, signaling a strong tax collection trend.


🏆 Top 5 States with the Highest GST Collection (February 2025) 🌟

🥇 Rank

📍 State

💰 GST Collection (₹ Cr)

📈 Growth (%)

🔥 Key Drivers

🏆 1

Maharashtra

₹30,637 Cr

13%

🏭 Manufacturing & Services Hub

🥈 2

Karnataka

₹14,117 Cr

10%

💻 IT, Startups, Industrial Growth

🥉 3

Gujarat

₹11,402 Cr

3%

🚢 Exports, Petrochemicals, Pharma

🔹 4

Tamil Nadu

₹10,694 Cr

10%

🚗 Auto Industry, Textiles, MSMEs

🔸 5

Uttar Pradesh

₹9,155 Cr

14%

🚚 FMCG, Logistics, SME Expansion

🔍 State-Wise Key Takeaways:

Maharashtra leads the pack 🏆, driven by industrial output, services, and financial sector growth.
Karnataka's IT & startup ecosystem 🚀 has fueled its 10% growth, keeping it at 2nd place.
Gujarat’s slower growth (3%) suggests export fluctuations and commodity price impacts.
Tamil Nadu & UP are emerging as fast-growing states, with auto, textiles, and logistics boosting collections.


🏗️ Breakdown of GST Growth by Major Components

Component

Feb 2024 (₹ Cr)

Feb 2025 (₹ Cr)

📈 Growth (%)

Domestic GST (Total)

1,28,760

1,41,945

10.2% 📈

🏛️ CGST (Domestic)

31,785

35,204

10.7%

🏢 SGST (Domestic)

39,615

43,704

10.3%

🌍 IGST (Domestic)

45,505

50,049

10.0%

🔥 CESS (Domestic)

11,854

12,987

9.6%

Import GST (Total)

39,578

41,702

5.4% 📉

📦 IGST (Imports)

38,593

40,821

5.8%

CESS (Imports)

984

880

-10.6%

Total Gross GST

1,68,337

1,83,646

9.1% 🚀

🔍 Key Component Trends:

Domestic GST Growth 📈 10.2% → Shows stronger economic activity within India.
Import GST Growth 📉 5.4% → Slower growth, possibly due to global trade slowdowns.
Net GST Revenue (after refunds) 📊 8.1% → Indicates higher compliance and efficiency.


📌 Final Takeaways & Future Outlook

📊 Domestic GST Boom (+10.2%) = Sign of economic resilience 🏭💪.
🌏 Import GST Slowdown (+5.4%) = Impact of global trade fluctuations 🌐.
🏆 Maharashtra, Karnataka, Gujarat, TN, and UP dominate GST collections 💰.
📈 Consistent monthly GST growth = Stable tax revenues & expanding business activity 🚀.




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