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Monthly Revenue Report

GST Revenue July 2025 — ₹1.65 Lakh Crore

July 2025 gross GST collection hit ₹1,65,000 Crore with 8.9% YoY growth — driven by Prime Day e-commerce volumes, monsoon-season agricultural inputs, auto sector momentum, and government capex push.

₹1.65L Cr
Total Collection
+8.9%
YoY Growth
Maharashtra
Top State
July 2025
Month

This page is a record of GST collections for July 2025. The GST rates it mentions applied at the time, and many have changed since, including in the September 2025 revision. Check today's rates in the CBIC rate notifications.

Revenue Composition — July 2025

₹29,400 Cr
CGST
₹37,400 Cr
SGST
₹85,500 Cr
IGST
₹12,700 Cr
Cess

6-Month Collection Trend

MonthCollection (₹L Cr)YoY Growth
Feb 20251.46+6.2%
Mar 20251.49+6.8%
Apr 20251.52+7.2%
May 20251.57+7.8%
Jun 20251.61+8.2%
Jul 20251.65+8.9%

Top Contributing States

Maharashtra18%
₹29,700 Cr
Karnataka9%
₹14,900 Cr
Gujarat8.2%
₹13,500 Cr
Tamil Nadu7.6%
₹12,500 Cr
Uttar Pradesh7.2%
₹11,800 Cr
Haryana5.6%
₹9,300 Cr
West Bengal4.7%
₹7,700 Cr
Telangana4.5%
₹7,400 Cr

Key Growth Drivers — July 2025

🛒

Amazon/Flipkart Prime Day Sales

Mid-July Prime Day and Big Saving Days drove massive e-commerce volumes — electronics (18-28%), fashion (5-12%), home appliances (18-28%) generating significant TCS at source.

🌾

Monsoon Onset & Kharif Sowing

Normal monsoon progression triggered agricultural input purchases — fertilizers (5%), seeds (Nil-5%), pesticides (18%), farm machinery (12-18%), and irrigation equipment (12%).

🚗

Auto Sector Q2 Momentum

July traditionally strong for auto sales (new model launches) — passenger vehicles at 28%+cess, two-wheelers at 28%, commercial vehicles at 28%, and EV components at 5%.

🏗️

Real Estate H1 Closures

End of H1 pipeline closures — builders offering monsoon discounts, DLP payments on under-construction properties (5% GST), and affordable housing registrations (1% GST).

💻

IT/SaaS Services Growth

Q1 results of IT companies showing 12-15% revenue growth — software services (18%), cloud subscriptions (18%), and consulting services (18%) driving B2B GST.

🏗️

Infrastructure & Capex Push

Government H1 capital expenditure acceleration — cement (28%), steel (18%), construction services (12-18%), heavy machinery (18-28%), infrastructure materials.

July Collections — Year-on-Year Comparison

PeriodCollection (₹L Cr)YoY Change
Jul 20221.49—
Jul 20231.65+10.7%
Jul 20241.52-7.9%
Jul 20251.65+8.9%
June 2025August 2025

Frequently Asked Questions

What was the total GST collection for July 2025?
India's gross GST revenue for July 2025 was ₹1,65,000 Crore — comprising CGST ₹29,400 Cr, SGST ₹37,400 Cr, IGST ₹85,500 Cr (including ₹39,800 Cr on imports), and Compensation Cess ₹12,700 Cr (including ₹980 Cr on imports). This represents 8.9% year-on-year growth over July 2024 (₹1,51,500 Cr). July 2025 marks the highest-ever July collection, surpassing the previous record of ₹1,65,105 Cr (July 2023). The growth was broad-based across sectors with e-commerce and auto sectors leading.
How does July 2025 compare with previous July months?
July collections have shown strong growth trajectory: Jul 2020: ₹87,422 Cr (COVID impact); Jul 2021: ₹1,16,393 Cr (+33% recovery); Jul 2022: ₹1,48,995 Cr (+28%); Jul 2023: ₹1,65,105 Cr (+11%, all-time July record at that time); Jul 2024: ₹1,51,500 Cr (-8%, base effect + monsoon disruption); Jul 2025: ₹1,65,000 Cr (+8.9%, back to growth trajectory). The FY26 collections have consistently beaten ₹1.5L Cr every month — indicating India's structural economic expansion beyond COVID recovery.
What impact did Prime Day sales have on GST collections?
Amazon Prime Day (mid-July) and Flipkart Big Saving Days contributed significantly: (1) Estimated GMV: ₹12,000-15,000 Cr in 48 hours; (2) TCS collected at source by platforms: ~₹120-150 Cr directly; (3) Seller GST on deliveries: estimated ₹2,000+ Cr; (4) Key categories: Electronics (18-28% GST), phones (18%), fashion (5-12%), home appliances (28%), Amazon devices (18%); (5) Cross-border impact: Imports for sale increased IGST on goods; (6) Logistics: Delivery services at 18% GST on courier/warehousing. E-commerce now contributes ~8-10% of total monthly GST collections.
Why did IGST on imports reach ₹39,800 Cr?
Import IGST of ₹39,800 Cr in July 2025 was driven by: (1) Electronic components: ₹8,200 Cr (chips, displays for domestic assembly under PLI scheme); (2) Crude oil & petroleum: ₹7,500 Cr (non-GST items but petroleum products for industrial use); (3) Machinery & equipment: ₹5,800 Cr (capex imports under Make in India); (4) Consumer electronics: ₹4,200 Cr (Prime Day inventory imports); (5) Gold & precious metals: ₹3,800 Cr (pre-wedding/festive restocking); (6) Chemicals & plastics: ₹3,600 Cr; (7) Others: ₹6,700 Cr. The strong rupee (₹83.2/USD in July) slightly dampened import duty values but import volumes grew 12%.
What is the outlook for August-September 2025?
Based on July 2025 trends, the outlook is positive: (1) AUGUST: Expected ₹1.67-1.70L Cr — Independence Day sales, Raksha Bandhan gifting, kharif harvest begins, auto OEM production push for festive season; (2) SEPTEMBER: Expected ₹1.72-1.75L Cr — pre-festive stocking (Navratri starts Oct), Onam celebrations in Kerala, advance tax Q2 settlements, quarterly GSTR-1 filings; (3) RISK FACTORS: Extended monsoon disruption, global slowdown impacting IT exports, China deflation affecting manufacturing margins. The ₹1.80L Cr barrier is likely to be breached in October-November 2025 during Diwali festive period.

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