India’s Goods and Services Tax (GST) collections for October 2025 surged to ₹1.96 lakh crore, marking a 4.6% year-on-year increase. The uptick in revenue was primarily attributed to strong festive season demand and pent-up consumer spending, which offset the impact of recent GST rate cuts on a wide range of goods.
According to official data released by the Ministry of Finance, the October collections rose from ₹1.87 lakh crore in September 2025. The gross domestic revenue stood at ₹1.45 lakh crore, while GST from imports contributed ₹50,884 crore—an increase of 12.84% compared to the previous year. Refunds also saw a significant rise, up 39.6% year-on-year to ₹26,934 crore.
The government had implemented GST rate reductions on 375 items, including kitchen essentials, electronics, and automobiles, effective September 22. This move coincided with the start of Navratri, a key festive period, and was aimed at stimulating consumer demand. Despite these rate cuts, the October figures indicate that businesses adapted effectively to the revised tax structure and consumers responded positively.
This marks the tenth consecutive month that GST revenues have remained above ₹1.8 lakh crore, reflecting sustained economic activity and improved compliance. For the April–October 2025 period, cumulative GST collections reached ₹13.89 lakh crore, representing a 9% increase over the ₹12.74 lakh crore collected during the same period last year.
The Finance Ministry noted that the growth in collections, while slower than the previous month’s 9.1%, still demonstrates resilience in the face of structural tax changes. Analysts suggest that the festive boost and strategic rate rationalization have helped maintain momentum in indirect tax revenues.
