GST collections rise by 9% to 1.89 lakh crore in September

GST collections clocked close to double-digit development to amass ₹1.89 lakh crore in September — a month wherein the diminished tax charges got here into impact within the second half.

The GST collections had been 9.1% increased than the identical month a yr 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 within the type of fee rationalisation, which got here into drive on September 22, have been mirrored within the collections.

Prices of as many as 375 objects, together with kitchen staples to electronics, from medicines and gear to cars, acquired cheaper from September 22. The month has seen elevated demand as a consequence of 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 development.

Deloitte India companion MS Mani stated the rise in gross GST collections to ₹1.89 lakh crore for the month signifies that there has not been any important slowdown in financial exercise in anticipation of the GST fee cuts throughout August, as this knowledge pertains to transactions in August.

With these collections for September, he stated, the common month-to-month collections throughout FY26 are just a bit quick ₹2 lakh crore a month, marking a big enhance in comparison with FY25 when the common month-to-month collections until September 2024 had 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 companion Vivek Jalan stated.

However, he stated, what couldn’t steadiness out is the consumption within the manufacturing states (Maharashtra, Gujarat, Tamil Nadu and Karnataka) because of the slowdown in inter-state inventory transfers and provides until September 21 as a consequence of fears of ITC accumulation on fee discount and the continued slowdown as a consequence of shortage of autos from September 22, 2025.