Quote on GST collection numbers for August 2025 by Karthik Mani, Partner- Indirect tax at BDO India
Below the Quote on GST collection numbers for August 2025 by Karthik Mani, Partner- Indirect tax at BDO India
"The gross GST Collections have shown a growth of 6.5% on a year-on-year basis, with a growth of 9.6% in domestic GST collections offset by a degrowth of 1.2% in GST collections on imports. The growth in domestic GST collections is due to a growth in collections in almost all major States like Maharashtra, Karnataka, Haryana etc., with all these States cloaking ~10% growth in revenue collections. However, on a month on month basis, the gross GST collections have shown a decline of ~4.8% and it would be an important input for the GST Council for assessing revenue loss as it considers the GST rate rationalization proposals later this week."
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