GST Revenue June 2025 — ₹1.61 Lakh Crore

India's gross GST revenue for June 2025 was ₹1,61,800 Crore — comprising CGST ₹28,700 Cr, SGST ₹36,500 Cr, IGST ₹84,200 Cr (including ₹38,500 Cr on imports), and Compensation Cess ₹12,400 Cr (including ₹920 Cr on imports). This represents 8.2% year-on-year growth over June 2024 (₹1,49,500 Cr). June marks the conclusion of Q1 FY26 with cumulative quarterly collection of ₹4.70L Cr (Apr+May+Jun) — the highest-ever Q1 collection in GST history.

June is a critical compliance month for multiple reasons: (1) Q1 ENDING: Quarterly filers under QRMP scheme must file GSTR-1/3B for Apr-Jun by July 13-24; (2) ADVANCE TAX: First instalment of advance tax (15% of estimated annual liability) due 15 June — corporations make large payments; (3) ANNUAL RETURN: GSTR-9/9C for FY2023-24 typically due around this period (deadline usually extended to Dec); (4) AUDIT SEASON: Tax audit conclusions from chartered accountants lead to additional voluntary disclosures; (5) ANTI-EVASION: DGGI intensifies enforcement drives before monsoon slowdown — notices for FY22-23 discrepancies issued.

The Southwest monsoon typically arrives in Kerala by June 1 and progresses north through June. Impact on GST: (1) CONSTRUCTION: Slows in Southern India — cement/steel demand drops slightly; (2) AGRICULTURE: Positive — kharif sowing begins (seed/fertilizer purchases at 5% GST); (3) LOGISTICS: Rain disruption increases transportation costs — higher service tax on freight; (4) CONSUMER: Air conditioning and cooling products peak early June, taper by month-end; (5) TOURISM: Monsoon tourism picks up (Kerala, Goa, Meghalaya) — hotel/transport at 12-18%; (6) NET EFFECT: Minimal negative impact — India's economic diversification means monsoon no longer significantly dampens overall GST. The 8.2% growth confirms monsoon resilience.

Total IGST of ₹84,200 Cr comprised: (1) IGST ON IMPORTS: ₹38,500 Cr (46%) — electronic components ₹7,800 Cr, crude/petroleum products ₹7,200 Cr, machinery ₹5,400 Cr, consumer goods ₹4,800 Cr, gold ₹3,500 Cr, chemicals ₹3,200 Cr, others ₹6,500 Cr; (2) DOMESTIC IGST: ₹45,700 Cr (54%) — inter-state B2B transactions, e-commerce supply to other states, branch transfers, and stock transfers. After settlement: Centre received ₹59,800 Cr total, States received ₹70,200 Cr total. The import IGST remained stable despite rupee fluctuation (₹83.5/USD average in June).

Quarter 1 (Apr-May-Jun) FY26 was the strongest Q1 ever: Q1 FY23: ₹4.14L Cr (₹1.68L Apr + ₹1.41L May + ₹1.45L Jun — includes record April post-year-end); Q1 FY24: ₹4.71L Cr (₹1.87L Apr record + ₹1.57L May + ₹1.61L Jun); Q1 FY25: ₹4.43L Cr (₹2.10L Apr record + ₹1.73L May + ₹1.49L Jun — June dip); Q1 FY26: ₹4.70L Cr (₹1.52L Apr + ₹1.57L May + ₹1.61L Jun — consistent growth without April spike). The Q1 FY26 pattern shows healthier, more evenly distributed growth without relying on year-end spillovers into April. Monthly average of ₹1.57L Cr vs ₹1.48L Cr in Q1 FY25 (6% higher).