{"id":29183,"date":"2025-04-22T00:12:42","date_gmt":"2025-04-21T18:42:42","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=29183"},"modified":"2025-08-20T18:03:42","modified_gmt":"2025-08-20T12:33:42","slug":"overview-on-gross-net-gst-revenue-collection-for-mar-2025","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/","title":{"rendered":"Overview on Gross &#038; Net GST revenue collection for Mar 2025"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d8b4902dedd\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d8b4902dedd\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#Summary_of_insights_Gross_and_Net_GST_revenue_collections_for_March_2025\" title=\"Summary of insights: Gross and Net GST revenue collections for March 2025\u00a0\">Summary of insights: Gross and Net GST revenue collections for March 2025\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#Analysis_of_GST_Collections_for_March_2025\" title=\"Analysis of GST Collections for March 2025\">Analysis of GST Collections for March 2025<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#State-wise_GST_Collections%E2%80%94March_2025\" title=\"State-wise GST Collections\u2014March 2025\">State-wise GST Collections\u2014March 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#Gross_GST_Revenue%E2%80%94March_2025\" title=\"Gross GST Revenue\u2014March 2025\">Gross GST Revenue\u2014March 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#Net_GST_Revenue_%E2%80%93_March_2025\" title=\"Net GST Revenue \u2013 March 2025\">Net GST Revenue \u2013 March 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#Full-Year_Comparison_FY_2023%E2%80%9324_vs_2024%E2%80%9325\" title=\"Full-Year Comparison (FY 2023\u201324 vs. 2024\u201325)\">Full-Year Comparison (FY 2023\u201324 vs. 2024\u201325)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#Refund_Trends\" title=\"Refund Trends\">Refund Trends<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#Top_States_by_Monthly_Growth_in_GST_Revenues%E2%80%94March_2025\" title=\"Top States by Monthly Growth in GST Revenues\u2014March 2025\">Top States by Monthly Growth in GST Revenues\u2014March 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#States_with_Negative_Growth\" title=\"States with Negative Growth\">States with Negative Growth<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#Top_States_by_Absolute_Revenue\" title=\"Top States by Absolute Revenue:\">Top States by Absolute Revenue:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#States_with_Over_20_Growth\" title=\"States with Over 20% Growth:\">States with Over 20% Growth:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#Key_State_Highlights\" title=\"Key State Highlights:\">Key State Highlights:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/carajput.com\/blog\/overview-on-gross-net-gst-revenue-collection-for-mar-2025\/#Noteworthy_Points\" title=\"Noteworthy Points\">Noteworthy Points<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"0\" data-end=\"126\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-28388\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/01\/GST.jpg\" alt=\"55th-gst-council-meeting\" width=\"1000\" height=\"562\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/01\/GST.jpg 1000w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/01\/GST-300x169.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/01\/GST-768x432.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/01\/GST-800x450.jpg 800w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/h2>\n<h2 data-start=\"0\" data-end=\"126\"><span class=\"ez-toc-section\" id=\"Summary_of_insights_Gross_and_Net_GST_revenue_collections_for_March_2025\"><\/span><strong>Summary of insights: <a href=\"https:\/\/carajput.com\/archives\/gross-and-net-gst.pdf\">Gross and Net GST revenue collections for March 2025\u00a0<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<h2 class=\"\" data-start=\"94\" data-end=\"143\"><span class=\"ez-toc-section\" id=\"Analysis_of_GST_Collections_for_March_2025\"><\/span><strong data-start=\"97\" data-end=\"143\">Analysis of GST Collections for March 2025<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"145\" data-end=\"182\">Overall Monthly Collection: The GST collection for March 2025 witnessed a notable rise, totaling <strong>INR <\/strong>1,96,141 crore, reflecting a 9.9% year-on-year (YoY) growth over INR 1,78,484 crore collected in March 2024. This marks a stronger growth compared to the 9.1% YoY growth recorded in February 2025. Key Components\u2014March 2025<\/p>\n<ul data-start=\"512\" data-end=\"623\">\n<li class=\"\" data-start=\"512\" data-end=\"539\">\n<p class=\"\" data-start=\"514\" data-end=\"539\">CGST: INR 38,145 crore<\/p>\n<\/li>\n<li class=\"\" data-start=\"540\" data-end=\"567\">\n<p class=\"\" data-start=\"542\" data-end=\"567\">SGST: INR 49,891 crore<\/p>\n<\/li>\n<li class=\"\" data-start=\"568\" data-end=\"595\">\n<p class=\"\" data-start=\"570\" data-end=\"595\">IGST: INR 95,853 crore<\/p>\n<\/li>\n<li class=\"\" data-start=\"596\" data-end=\"623\">\n<p class=\"\" data-start=\"598\" data-end=\"623\">Cess: INR 12,253 crore<\/p>\n<\/li>\n<\/ul>\n<p class=\"\" data-start=\"625\" data-end=\"772\">While revenue from imports grew by 13.5%, domestic transactions registered a YoY growth of 8.8%, showing strong import-related collections.<\/p>\n<h3 class=\"\" data-start=\"779\" data-end=\"829\"><span class=\"ez-toc-section\" id=\"State-wise_GST_Collections%E2%80%94March_2025\"><\/span><strong data-start=\"786\" data-end=\"829\">State-wise GST Collections\u2014March 2025<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"\" data-start=\"831\" data-end=\"914\">The government also released state-wise gross GST revenue data for March 2025.<\/p>\n<h3 class=\"\" data-start=\"133\" data-end=\"174\"><span class=\"ez-toc-section\" id=\"Gross_GST_Revenue%E2%80%94March_2025\"><\/span><strong data-start=\"140\" data-end=\"174\">Gross GST Revenue\u2014March 2025<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"group pointer-events-none relative flex justify-center *:pointer-events-auto\">\n<div class=\"tableContainer horzScrollShadows relative\">\n<table class=\"min-w-full\" style=\"height: 190px;\" width=\"699\" data-start=\"175\" data-end=\"516\">\n<thead data-start=\"175\" data-end=\"237\">\n<tr data-start=\"175\" data-end=\"237\">\n<th data-start=\"175\" data-end=\"187\">Component<\/th>\n<th data-start=\"187\" data-end=\"205\">Mar 2024 (INR\u00a0 Cr)<\/th>\n<th data-start=\"205\" data-end=\"223\">Mar 2025 (INR Cr)<\/th>\n<th data-start=\"223\" data-end=\"237\">YoY Growth<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"304\" data-end=\"516\">\n<tr data-start=\"304\" data-end=\"338\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"304\" data-end=\"315\"><strong data-start=\"306\" data-end=\"314\">CGST<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"315\" data-end=\"324\">34,532<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"324\" data-end=\"333\">38,145<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"333\" data-end=\"338\">\u2014<\/td>\n<\/tr>\n<tr data-start=\"339\" data-end=\"373\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"339\" data-end=\"350\"><strong data-start=\"341\" data-end=\"349\">SGST<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"350\" data-end=\"359\">43,746<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"359\" data-end=\"368\">49,891<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"368\" data-end=\"373\">\u2014<\/td>\n<\/tr>\n<tr data-start=\"374\" data-end=\"416\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"374\" data-end=\"393\"><strong data-start=\"376\" data-end=\"392\">IGST (Total)<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"393\" data-end=\"402\">87,947<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"402\" data-end=\"411\">95,853<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"411\" data-end=\"416\">\u2014<\/td>\n<\/tr>\n<tr data-start=\"417\" data-end=\"451\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"417\" data-end=\"428\"><strong data-start=\"419\" data-end=\"427\">CESS<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"428\" data-end=\"437\">12,259<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"437\" data-end=\"446\">12,253<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"446\" data-end=\"451\">\u2014<\/td>\n<\/tr>\n<tr data-start=\"452\" data-end=\"516\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"452\" data-end=\"474\"><strong data-start=\"454\" data-end=\"473\">Total Gross GST<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"474\" data-end=\"489\">INR 1,78,484 Cr<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"489\" data-end=\"504\">INR 1,96,141 Cr<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"504\" data-end=\"516\"><strong data-start=\"506\" data-end=\"514\">9.9%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<h2 data-start=\"0\" data-end=\"126\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29184\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0001.jpg\" alt=\"\" width=\"1241\" height=\"1755\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0001.jpg 1241w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0001-212x300.jpg 212w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0001-724x1024.jpg 724w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0001-768x1086.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0001-1086x1536.jpg 1086w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0001-800x1131.jpg 800w\" sizes=\"(max-width: 1241px) 100vw, 1241px\" \/><\/h2>\n<h3 class=\"\" data-start=\"523\" data-end=\"562\"><span class=\"ez-toc-section\" id=\"Net_GST_Revenue_%E2%80%93_March_2025\"><\/span><strong data-start=\"530\" data-end=\"562\">Net GST Revenue \u2013 March 2025<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"group pointer-events-none relative flex justify-center *:pointer-events-auto\">\n<div class=\"tableContainer horzScrollShadows relative\">\n<table class=\"min-w-full\" style=\"height: 207px;\" width=\"703\" data-start=\"563\" data-end=\"902\">\n<thead data-start=\"563\" data-end=\"625\">\n<tr data-start=\"563\" data-end=\"625\">\n<th data-start=\"563\" data-end=\"575\">Component<\/th>\n<th data-start=\"575\" data-end=\"593\">Mar 2024 (INR Cr)<\/th>\n<th data-start=\"593\" data-end=\"611\">Mar 2025 (INR Cr)<\/th>\n<th data-start=\"611\" data-end=\"625\">YoY Growth<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"692\" data-end=\"902\">\n<tr data-start=\"692\" data-end=\"726\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"692\" data-end=\"703\"><strong data-start=\"694\" data-end=\"702\">CGST<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"703\" data-end=\"712\">31,617<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"712\" data-end=\"721\">35,524<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"721\" data-end=\"726\">\u2014<\/td>\n<\/tr>\n<tr data-start=\"727\" data-end=\"761\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"727\" data-end=\"738\"><strong data-start=\"729\" data-end=\"737\">SGST<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"738\" data-end=\"747\">40,203<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"747\" data-end=\"756\">46,230<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"756\" data-end=\"761\">\u2014<\/td>\n<\/tr>\n<tr data-start=\"762\" data-end=\"804\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"762\" data-end=\"781\"><strong data-start=\"764\" data-end=\"780\">IGST (Total)<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"781\" data-end=\"790\">80,830<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"790\" data-end=\"799\">82,730<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"799\" data-end=\"804\">\u2014<\/td>\n<\/tr>\n<tr data-start=\"805\" data-end=\"839\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"805\" data-end=\"816\"><strong data-start=\"807\" data-end=\"815\">CESS<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"816\" data-end=\"825\">11,942<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"825\" data-end=\"834\">12,043<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"834\" data-end=\"839\">\u2014<\/td>\n<\/tr>\n<tr data-start=\"840\" data-end=\"902\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"840\" data-end=\"860\"><strong data-start=\"842\" data-end=\"859\">Total Net GST<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"860\" data-end=\"875\">INR 1,64,592 Cr<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"875\" data-end=\"890\">INR 1,76,526 Cr<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"890\" data-end=\"902\"><strong data-start=\"892\" data-end=\"900\">7.3%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<h3 class=\"\" data-start=\"909\" data-end=\"965\"><span class=\"ez-toc-section\" id=\"Full-Year_Comparison_FY_2023%E2%80%9324_vs_2024%E2%80%9325\"><\/span><strong data-start=\"916\" data-end=\"965\">Full-Year Comparison (FY 2023\u201324 vs. 2024\u201325)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"group pointer-events-none relative flex justify-center *:pointer-events-auto\">\n<div class=\"tableContainer horzScrollShadows relative\">\n<table class=\"min-w-full\" style=\"height: 135px;\" width=\"703\" data-start=\"966\" data-end=\"1228\">\n<thead data-start=\"966\" data-end=\"1032\">\n<tr data-start=\"966\" data-end=\"1032\">\n<th data-start=\"966\" data-end=\"978\">Component<\/th>\n<th data-start=\"978\" data-end=\"998\">FY 2023\u201324 (INR Cr)<\/th>\n<th data-start=\"998\" data-end=\"1018\">FY 2024\u201325 (INR Cr)<\/th>\n<th data-start=\"1018\" data-end=\"1032\">Growth (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"1105\" data-end=\"1228\">\n<tr data-start=\"1105\" data-end=\"1167\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1105\" data-end=\"1129\">Gross GST Revenue<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1129\" data-end=\"1142\">INR 20,18,249<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1142\" data-end=\"1155\">INR 22,08,861<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1155\" data-end=\"1167\">9.4%<\/td>\n<\/tr>\n<tr data-start=\"1168\" data-end=\"1228\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1168\" data-end=\"1190\">Net GST Revenue<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1190\" data-end=\"1203\">INR 18,01,075<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1203\" data-end=\"1216\">INR 19,56,034<\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1216\" data-end=\"1228\">8.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<h3 class=\"\" data-start=\"1235\" data-end=\"1259\"><span class=\"ez-toc-section\" id=\"Refund_Trends\"><\/span><strong data-start=\"1242\" data-end=\"1259\">Refund Trends<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul data-start=\"1260\" data-end=\"1429\">\n<li class=\"\" data-start=\"1260\" data-end=\"1338\">\n<p class=\"\" data-start=\"1262\" data-end=\"1338\">Total Refunds (Mar-25): INR 19,615 Cr vs INR 13,892 Cr in Mar-24 (+41.2%).<\/p>\n<\/li>\n<li class=\"\" data-start=\"1339\" data-end=\"1429\">\n<p class=\"\" data-start=\"1341\" data-end=\"1429\">Yearly Refunds: INR 2.52 lakh Cr in FY 24\u201325 vs\u00a0 INR 2.17 lakh Cr in FY 23\u201324 (+16.4%).<\/p>\n<\/li>\n<\/ul>\n<h3 class=\"\" data-start=\"1436\" data-end=\"1504\"><span class=\"ez-toc-section\" id=\"Top_States_by_Monthly_Growth_in_GST_Revenues%E2%80%94March_2025\"><\/span><a href=\"https:\/\/carajput.com\/archives\/gross-and-net-gst.pdf\"><strong data-start=\"1443\" data-end=\"1504\">Top States by Monthly Growth in GST Revenues\u2014March 2025<\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"group pointer-events-none relative flex justify-center *:pointer-events-auto\">\n<p>&nbsp;<\/p>\n<div class=\"tableContainer horzScrollShadows relative\">\n<table class=\"min-w-full\" style=\"height: 225px;\" width=\"694\" data-start=\"1505\" data-end=\"1699\">\n<thead data-start=\"1505\" data-end=\"1531\">\n<tr data-start=\"1505\" data-end=\"1531\">\n<th data-start=\"1505\" data-end=\"1513\">State<\/th>\n<th data-start=\"1513\" data-end=\"1531\">Growth YoY (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"1560\" data-end=\"1699\">\n<tr data-start=\"1560\" data-end=\"1581\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1560\" data-end=\"1574\"><strong data-start=\"1562\" data-end=\"1573\">Tripura<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1574\" data-end=\"1581\">32%<\/td>\n<\/tr>\n<tr data-start=\"1582\" data-end=\"1615\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1582\" data-end=\"1608\"><strong data-start=\"1584\" data-end=\"1607\">Center Jurisdiction<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1608\" data-end=\"1615\">32%<\/td>\n<\/tr>\n<tr data-start=\"1616\" data-end=\"1639\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1616\" data-end=\"1632\"><strong data-start=\"1618\" data-end=\"1631\">Meghalaya<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1632\" data-end=\"1639\">26%<\/td>\n<\/tr>\n<tr data-start=\"1640\" data-end=\"1679\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1640\" data-end=\"1672\"><strong data-start=\"1642\" data-end=\"1671\">Andaman &amp; Nicobar Islands<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1672\" data-end=\"1679\">60%<\/td>\n<\/tr>\n<tr data-start=\"1680\" data-end=\"1699\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1680\" data-end=\"1692\"><strong data-start=\"1682\" data-end=\"1691\">Bihar<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1692\" data-end=\"1699\">30%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<h2 data-start=\"0\" data-end=\"126\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29185\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0002.jpg\" alt=\"\" width=\"1241\" height=\"1755\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0002.jpg 1241w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0002-212x300.jpg 212w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0002-724x1024.jpg 724w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0002-768x1086.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0002-1086x1536.jpg 1086w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0002-800x1131.jpg 800w\" sizes=\"(max-width: 1241px) 100vw, 1241px\" \/><\/h2>\n<h3 class=\"\" data-start=\"1706\" data-end=\"1744\"><span class=\"ez-toc-section\" id=\"States_with_Negative_Growth\"><\/span><strong data-start=\"1713\" data-end=\"1744\">States with Negative Growth<\/strong><button class=\"hover:bg-token-main-surface-secondary text-token-text-secondary pointer-events-auto rounded-lg px-1 py-1 opacity-0 transition-opacity duration-200 group-focus-within:opacity-100 group-hover:opacity-100\"><\/button><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"group pointer-events-none relative flex justify-center *:pointer-events-auto\">\n<div class=\"tableContainer horzScrollShadows relative\">\n<table class=\"min-w-full\" style=\"height: 238px;\" width=\"696\" data-start=\"1745\" data-end=\"1905\">\n<thead data-start=\"1745\" data-end=\"1771\">\n<tr data-start=\"1745\" data-end=\"1771\">\n<th data-start=\"1745\" data-end=\"1753\">State<\/th>\n<th data-start=\"1753\" data-end=\"1771\">Growth YoY (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"1800\" data-end=\"1905\">\n<tr data-start=\"1800\" data-end=\"1822\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1800\" data-end=\"1814\"><strong data-start=\"1802\" data-end=\"1813\">Manipur<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1814\" data-end=\"1822\">-18%<\/td>\n<\/tr>\n<tr data-start=\"1823\" data-end=\"1844\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1823\" data-end=\"1837\"><strong data-start=\"1825\" data-end=\"1836\">Mizoram<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1837\" data-end=\"1844\">-8%<\/td>\n<\/tr>\n<tr data-start=\"1845\" data-end=\"1875\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1845\" data-end=\"1868\"><strong data-start=\"1847\" data-end=\"1867\">Himachal Pradesh<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1868\" data-end=\"1875\">-3%<\/td>\n<\/tr>\n<tr data-start=\"1876\" data-end=\"1905\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1876\" data-end=\"1898\"><strong data-start=\"1878\" data-end=\"1897\">Jammu &amp; Kashmir<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1898\" data-end=\"1905\">-1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<h2 data-start=\"0\" data-end=\"126\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29186\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0003.jpg\" alt=\"\" width=\"1241\" height=\"1755\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0003.jpg 1241w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0003-212x300.jpg 212w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0003-724x1024.jpg 724w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0003-768x1086.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0003-1086x1536.jpg 1086w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/04\/\ud835\uddda\ud835\uddff\ud835\uddfc\ud835\ude00\ud835\ude00-\ud835\uddee\ud835\uddfb\ud835\uddf1-\ud835\udde1\ud835\uddf2\ud835\ude01-\ud835\uddda\ud835\udde6\ud835\udde7-\ud835\uddff\ud835\uddf2\ud835\ude03\ud835\uddf2\ud835\uddfb\ud835\ude02\ud835\uddf2-\ud835\uddf0\ud835\uddfc\ud835\uddf9\ud835\uddf9\ud835\uddf2\ud835\uddf0\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb\ud835\ude00-\ud835\uddf3\ud835\uddfc\ud835\uddff-\ud835\ude01\ud835\uddf5\ud835\uddf2-\ud835\uddfa\ud835\uddfc\ud835\uddfb\ud835\ude01\ud835\uddf5-\ud835\uddfc\ud835\uddf3-\ud835\udde0\ud835\uddee\ud835\uddff-\ud835\udfee\ud835\udfec\ud835\udfee5_page-0003-800x1131.jpg 800w\" sizes=\"(max-width: 1241px) 100vw, 1241px\" \/><\/h2>\n<h4 class=\"\" data-start=\"916\" data-end=\"959\"><span class=\"ez-toc-section\" id=\"Top_States_by_Absolute_Revenue\"><\/span><strong data-start=\"924\" data-end=\"958\">Top States by Absolute Revenue<\/strong>:<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ol data-start=\"960\" data-end=\"1100\">\n<li class=\"\" data-start=\"960\" data-end=\"996\">\n<p class=\"\" data-start=\"963\" data-end=\"996\">Maharashtra \u2013 \u20b931,534 crore<\/p>\n<\/li>\n<li class=\"\" data-start=\"997\" data-end=\"1031\">\n<p class=\"\" data-start=\"1000\" data-end=\"1031\">Karnataka \u2013 \u20b913,497 crore<\/p>\n<\/li>\n<li class=\"\" data-start=\"1032\" data-end=\"1064\">\n<p class=\"\" data-start=\"1035\" data-end=\"1064\">Gujarat \u2013 \u20b912,095 crore<\/p>\n<\/li>\n<li class=\"\" data-start=\"1065\" data-end=\"1100\">\n<p class=\"\" data-start=\"1068\" data-end=\"1100\">Tamil Nadu \u2013 \u20b911,795 crore<\/p>\n<\/li>\n<\/ol>\n<p class=\"\" data-start=\"1102\" data-end=\"1174\">These states continue to be the backbone of India&#8217;s monthly GST revenue.<\/p>\n<h4 class=\"\" data-start=\"1176\" data-end=\"1216\"><span class=\"ez-toc-section\" id=\"States_with_Over_20_Growth\"><\/span><strong data-start=\"1184\" data-end=\"1215\">States with Over 20% Growth<\/strong>:<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p class=\"\" data-start=\"1217\" data-end=\"1296\">Several states and UTs showed <strong data-start=\"1247\" data-end=\"1284\">exceptional growth (YoY over 20%)<\/strong>, including:<\/p>\n<ul data-start=\"1297\" data-end=\"1434\">\n<li class=\"\" data-start=\"1297\" data-end=\"1334\">\n<p class=\"\" data-start=\"1299\" data-end=\"1334\">Andaman &amp; Nicobar Islands \u2013 60%<\/p>\n<\/li>\n<li class=\"\" data-start=\"1335\" data-end=\"1354\">\n<p class=\"\" data-start=\"1337\" data-end=\"1354\">Tripura \u2013 32%<\/p>\n<\/li>\n<li class=\"\" data-start=\"1355\" data-end=\"1372\">\n<p class=\"\" data-start=\"1357\" data-end=\"1372\">Bihar \u2013 30%<\/p>\n<\/li>\n<li class=\"\" data-start=\"1373\" data-end=\"1396\">\n<p class=\"\" data-start=\"1375\" data-end=\"1396\">Lakshadweep \u2013 27%<\/p>\n<\/li>\n<li class=\"\" data-start=\"1397\" data-end=\"1418\">\n<p class=\"\" data-start=\"1399\" data-end=\"1418\">Meghalaya \u2013 26%<\/p>\n<\/li>\n<li class=\"\" data-start=\"1419\" data-end=\"1434\">\n<p class=\"\" data-start=\"1421\" data-end=\"1434\">Goa \u2013 20%<\/p>\n<\/li>\n<\/ul>\n<p class=\"\" data-start=\"1436\" data-end=\"1531\">These figures reflect improved compliance, economic activity, or base effect gains.<\/p>\n<h4 class=\"\" data-start=\"1533\" data-end=\"1566\"><span class=\"ez-toc-section\" id=\"Key_State_Highlights\"><\/span><strong data-start=\"1541\" data-end=\"1565\">Key State Highlights<\/strong>:<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul data-start=\"1567\" data-end=\"1752\">\n<li class=\"\" data-start=\"1567\" data-end=\"1661\">\n<p class=\"\" data-start=\"1569\" data-end=\"1661\">Maharashtra saw a 14% growth, maintaining its lead as the highest revenue generator.<\/p>\n<\/li>\n<li class=\"\" data-start=\"1662\" data-end=\"1752\">\n<p class=\"\" data-start=\"1664\" data-end=\"1752\">Karnataka, another major contributor, posted a 4% growth over the previous year.<\/p>\n<\/li>\n<\/ul>\n<h3 class=\"\" data-start=\"1912\" data-end=\"1940\"><span class=\"ez-toc-section\" id=\"Noteworthy_Points\"><\/span><strong data-start=\"1919\" data-end=\"1940\">Noteworthy Points<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul data-start=\"1941\" data-end=\"2231\">\n<li class=\"\" data-start=\"1941\" data-end=\"2022\">\n<p class=\"\" data-start=\"1943\" data-end=\"2022\">IGST from imports grew from INR 40,322 Cr (Mar 2024) to INR 45,782 Cr (Mar 2025).<\/p>\n<\/li>\n<li class=\"\" data-start=\"2023\" data-end=\"2109\">\n<p class=\"\" data-start=\"2025\" data-end=\"2109\">Export Refunds surged by 201.9%, from INR 2,679 Cr to INR 8,089 Cr in March alone.<\/p>\n<\/li>\n<li class=\"\" data-start=\"2110\" data-end=\"2231\">\n<p class=\"\" data-start=\"2112\" data-end=\"2231\">The Net Domestic GST Revenue rose 9.3%, while Net Revenue from Customs (GST) saw a modest rise of 0.5%.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"112\" data-end=\"154\"><strong data-start=\"112\" data-end=\"154\">GST Revenue Update \u2013 May 2025<\/strong><\/p>\n<ul>\n<li data-start=\"156\" data-end=\"278\">The gross Goods and Services Tax revenue collection for the month of May 2025 stood at \u20b92.01 lakh crore.\u00a0After accounting for refunds, the net GST revenue for the month is approximately \u20b91.74 lakh crore. The Ministry of Finance continues to monitor the trends closely to ensure stable revenue mobilisation and compliance across sectors.<\/li>\n<li data-start=\"156\" data-end=\"278\">Month-on-Month Comparison: This month\u2019s gross GST collection is lower compared to the April 2025 collection, which was around \u20b91.92 lakh crore. The dip may be attributed to various cyclical and compliance-related factors. Gross Collection: \u20b92.01 lakh crore Net Collection (post-refund): \u20b91.74 lakh crore Previous Month (April 2025): \u20b91.92 lakh crore (gross)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Summary of insights: Gross and Net GST revenue collections for March 2025\u00a0 &nbsp; Analysis of GST Collections for March 2025 Overall Monthly Collection: The GST collection for March 2025 witnessed a notable rise, totaling INR 1,96,141 crore, reflecting a 9.9% year-on-year (YoY) growth over INR 1,78,484 crore collected in March 2024. This marks a stronger &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10020],"tags":[10297],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/29183"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=29183"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/29183\/revisions"}],"predecessor-version":[{"id":29189,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/29183\/revisions\/29189"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=29183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=29183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=29183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}