The collection of the Tax on the gross products and services (TPS) of India for July 2025, was RS 1.96 Lakh crores, recording an increase of 7.5% in annual sliding, according to government data published on Friday. The figure reflects continuous economic activity and an improvement in compliance between the sectors.
This marks a notable increase compared to the June 1,85 Lakh collection is growing and follows the record entry of the TPS of RS 2.37 Lakh crores, the highest since the implementation of the indirect tax regime in 2017.
Between April and July 2025, the TPS collections increased by 10.7% in annual sliding to Rs 8.18 Lakh crore, April, recording a higher of RS 2.37 Lakh crores.
In July 2025, the gross revenues of the TPS of interior transactions increased by 6.7% in annual sliding to Rs 1.43 Lakh crore, against RS 1.34 Lakh crore in July 2024. The import time increased at a faster rate, climbing from 9.7% to RS 52.712 crore.
The termination of the TPS of July includes RS 99,250 Integrated TPS Brooding (IGST), RS 33 450 Central TPS Brove (CGST), RS 41 600 Brooding the state TPS (SGST) and RS 21,700 Cess crore. In particular, IGST collected in imports increased by 10.3%, highlighting a robust cross -border trade.
Refunds jumped from 66.8% to Rs 27,147 crores against Rs 16,275 crosses a year ago, interior reimbursements jumping 117.6% and reimbursements related to exports increasing by 20%.
GST net collections were recorded at Rs 1.69 Lakh crores, marking a modest growth of 1.7% in annual sliding. Net internal income has been almost unchanged from Rs 1.26 Lakh crores, while import time increased by 7.5% to Rs 42,548 crore.
GST returned – July 2025
Highlights of the state
Madhya Pradesh experienced a significant increase of 18% of the collections, leading among the largest states.
The Bihar followed closely with growth of 16%, while Andhra Pradesh and Western Bengal recorded increases of 14% and 12% respectively.
On the other hand, Manipur, Mizoram and Jharkhand experienced reductions of -36%, -21% and -3% respectively.
Top contributors
The Maharashtra continued to be the most contributor with the collections exceeding RS 30,590 crosses.
After the Maharashtra, the Karnataka contributed to Rs 13 967 Core and the Gujarat contributed to 11,358 roots of rupees.
The regular increase in TPS revenues indicates a healthy consumption trend and economic momentum. Analysts say that coherent collections greater than the RS 1.8 Lakh Broore brand suggests greater formalization of the economy and better compliance thanks to application and audit measures activated by technology.
Aditi Nayar, chief economist and chief – Research and awareness, ICRA, said: “On an encouraging note, the growth in annual shift in TPS income improved in July 2025 compared to the previous month. However, large reimbursements lowered the performance of net income to 1.7%. Interestingly, GST growth on domestic colleagues domestic, with the last, being amortized by the colleagues of the CESION of Imports. ” “”
With the coming holiday season, managers remain optimistic about the maintenance of this upward trajectory, which potentially causes revenues higher than that of the budget in the next quarters.
