GST Collection September 2025 — ₹1,73,200 Crore

India's gross GST revenue for September 2025 was ₹1,73,200 Crore — comprising CGST ₹31,200 Cr, SGST ₹39,800 Cr, IGST ₹89,600 Cr (including ₹42,100 Cr on imports), and Compensation Cess ₹12,600 Cr (including ₹1,100 Cr on imports). This represents a 9.5% year-on-year growth over September 2024 (₹1,58,100 Cr). The collection was the second-highest for any September in GST history, only behind the 2023 figure when adjusted for base effects.

September 2025 benefited from: (1) Pre-festive inventory buildup — retailers ordered heavily in August-September for Navratri/Diwali; (2) IGST on inter-state movement hit ₹89,600 Cr as goods moved from manufacturing hubs to retail markets; (3) Kharif harvest arrivals drove ancillary sector taxes (transport, packaging, warehousing); (4) Auto sector new model launches created booking-delivery pipeline; (5) Government H1 capex push — September is last month of H1, departments rush to meet targets; (6) E-commerce platform Big Billion Days/Great Indian Festival started late September — advance settlements.

Top 5 contributors: Maharashtra (₹31,200 Cr, 18% share — Mumbai financial services + Pune auto cluster), Karnataka (₹15,600 Cr, 9% — Bengaluru IT/SaaS sector), Gujarat (₹14,200 Cr, 8.2% — diamond, textiles, chemicals corridor), Tamil Nadu (₹13,100 Cr, 7.6% — Chennai auto + Coimbatore manufacturing), Uttar Pradesh (₹12,400 Cr, 7.2% — consumer goods for 200M+ population). Notable: All top 5 states showed 8-11% YoY growth, indicating broad-based economic activity rather than concentrated in one sector.

September collection trend: Sep 2022 ₹1.48L Cr → Sep 2023 ₹1.63L Cr (+10.1%) → Sep 2024 ₹1.58L Cr (-3.1%) → Sep 2025 ₹1.73L Cr (+9.5%). The 2024 dip was due to election-related uncertainty and delayed monsoon affecting business activity. September 2025 recovered strongly, crossing the ₹1.70L Cr mark for the first time in a September month. Cumulative Apr-Sep FY26 collections crossed ₹9.7 lakh Cr — on track for ₹20L Cr full-year target.

Of the ₹1,73,200 Cr total: Domestic transactions contributed ₹1,29,900 Cr (75%) — CGST ₹31,200 Cr + SGST ₹39,800 Cr + domestic IGST ₹47,500 Cr + domestic cess ₹11,500 Cr. Import-related GST was ₹43,300 Cr (25%) — IGST on imports ₹42,100 Cr + cess on imports ₹1,100 Cr. Import GST grew 7.2% YoY driven by electronics (Apple iPhone 16 Pro imports), crude oil processing, and capital goods for manufacturing expansion. The domestic-to-import ratio of 75:25 is healthy and indicates growing domestic consumption.