India GST Collections Advances by 6.2% to ₹1,93,384 Crore in January

India’s goods and services tax receipts for January increased by 6.2% year on year, reaching ₹1,93,384 crore, reflecting robust domestic activity and higher import duties. 

GST Collection Figures for January 

Gross GST collections for January stood at ₹1,93,384 crore, up from ₹1,82,094 crore in the same month of the previous year. Net revenue for the month was ₹1,70,719 crore, a 7.6% rise. 

Year to Date Performance 

From April to January, gross collections reached ₹18,43,423 crore, marking an 8.3% increase. Net revenue for the same period was ₹15,95,752 crore, up 6.8%. 

Read More: India to Add GST and E-Vahan Data to Quarterly GDP Estimates! 

Refunds and Import Revenue 

Total refunds recorded ₹22,665 crore, a 3.1% decline. Domestic refunds fell 7.1% to ₹13,119 crore, while export refunds grew 2.9% to ₹9,546 crore. Domestic GST collections rose 4.8% to ₹1,41,132 crore. Import GST revenue was ₹52,253 crore, up 10.1%. 

Statewise Variation 

Positive growth was seen in Haryana 27%, Maharashtra 15%, Gujarat 13%, Himachal Pradesh 18% and Punjab 12%. Moderate growth occurred in Tamil Nadu 5%, Karnataka 7%, Uttar Pradesh 2%, Delhi 3% and West Bengal 1%.  

Declines were recorded in Madhya Pradesh -15%, Jharkhand -6%, Odisha -10%, Chhattisgarh -23%, Ladakh -30% and Lakshadweep -30%. Union territories showed Chandigarh up 15%, Puducherry up 11% and Lakshadweep down 30%. 

Conclusion 

January’s GST data shows a 6.2% increase to ₹1,93,384 crore, supported by higher domestic sales and import duties. Year to date figures also indicate solid growth across gross and net collections, while refunds and statewise results present a mixed picture. 

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