Did you know India pays Rs 6-7 lakh crore GST every 3 months? 8-year data on chart - Zee Business
Published: 4:32 PM, Dec 3, 2025 | Updated: 4:32 PM, Dec 3, 2025
India’s Goods and Services Tax (GST) has quietly grown into one of the country’s biggest revenue pillars. The collections from GST have increased more than two fold in the eight-year period from Rs 2.9 lakh crore in the first quarter of 2017 to over Rs 7.2 lakh crore in April–June 2025, signaling the fast growth of India's consumption and formal economic activity.
Next-Gen GST reforms take GST's success to a new level with an uncomplicated 2-tier structure. Image Source: ANI
The Goods and Services Tax (GST) is the most important indirect tax reform of India after the Independence. By unifying the various central and state taxes into one single unified system, GST facilitated the creation of a common national market, curbed the cascading effect of taxes, made compliance simple, and brought transparency. Over the course of 8 years, GST has gradually transformed into the major part of India’s indirect tax system through the measures of rate rationalisation and digitalisation.
India’s Goods and Services Tax (GST) has quietly grown into one of the country’s biggest revenue pillars. The collections from GST have increased more than two fold in the eight-year period from Rs 2.9 lakh crore in the first quarter of 2017 to over Rs 7.2 lakh crore in April–June 2025, signaling the fast growth of India's consumption and formal economic activity.
What Is GST and why it matters?
Add Zee Business as a Preferred Source
GST is a tax on the supply of goods and services, designed to simplify India’s complex indirect tax structure by replacing multiple state and central taxes with one unified tax system.
It works on the principle of value addition that means businesses pay tax only on the value they add, while receiving credit for taxes paid at previous stages.
Because GST is a consumption-based tax, revenue goes to the state where the goods or services are finally consumed. The final consumer effectively pays only the GST charged by the last seller, with set-off benefits applied across earlier stages of the supply chain.
GST Collections: How much India has paid every quarter since 2017
Here is a clear look at India’s quarterly GST collection journey — from the early years to the post-pandemic surge:
2017–2018 (Launch & stabilisation)
The bills Central Goods and Services Tax (CGST), The Integrated Goods and Services Tax (IGST), The Union Territories Goods and Services Tax (UTGST), and GST (Compensation to States) are introduced in the Lok Sabha.
The Bills are passed by the Lok Sabha and the Rajya Sabha on July 1, 2017, after which the GST Acts are notified. Whereas, TDS provisions under GST in India became effective from October 1, 2018.
- Jul–Sep 2017: Rs 2.9 lakh crore
- Oct–Dec 2017: Rs 3.4 lakh crore
- Jan–Mar 2018: Rs 3.7 lakh crore
- Apr–Jun 2018: Rs 4.2 lakh crore
- Jul–Sep 2018: Rs 4.1 lakh crore
- Oct–Dec 2018: Rs 4.2 lakh crore
2019 (Steady performance)
- Jan–Mar 2019: Rs 4.8 lakh crore
- Apr–Jun 2019: Rs 4.1 lakh crore
- Jul–Sep 2019: Rs 4.0 lakh crore
- Oct–Dec 2019: Rs 4.0 lakh crore
2020 (COVID impact and recovery)
- Jan–Mar 2020: Rs 3.5 lakh crore
- Apr–Jun 2020: Rs 2.8 lakh crore (lowest ever due to lockdown)
- Jul–Sep 2020: Rs 4.0 lakh crore
- Oct–Dec 2020: Rs 3.8 lakh crore
2021 (Gradual rebound)
- Jan–Mar 2021: Rs 4.1 lakh crore
- Apr–Jun 2021: Rs 4.4 lakh crore
- Jul–Sep 2021: Rs 4.5 lakh crore
- Oct–Dec 2021: Rs 4.5 lakh crore
2022 (Crossing the Rs 5 lakh crore mark)
- Jan–Mar 2022: Rs 4.9 lakh crore
- Apr–Jun 2022: Rs 4.9 lakh crore
- Jul–Sep 2022: Rs 5.1 lakh crore
- Oct–Dec 2022: Rs 5.3 lakh crore
2023 (Strong Momentum)
- Jan–Mar 2023: Rs 5.5 lakh crore
- Apr–Jun 2023: Rs 5.3 lakh crore
- Jul–Sep 2023: Rs 5.6 lakh crore
- Oct–Dec 2023: Rs 6.0 lakh crore
2024 (Crossing Rs 6 Lakh Crore Consistently)
- Jan–Mar 2024: Rs 6.1 lakh crore
- Apr–Jun 2024: Rs 6.3 lakh crore
- Jul–Sep 2024: Rs 6.5 lakh crore
- Oct–Dec 2024: Rs 6.8 lakh crore
2025 (Record highs)
- Jan–Mar 2025: Rs 6.3 lakh crore
- Apr–Jun 2025: Rs 7.2 lakh crore (highest so far)
- Jul–Sep 2025: Rs 6.3 lakh crore
- Oct 2025 (so far): Rs 2.0 lakh crore (quarter ongoing)
(Note: These figures may differ slightly.)
Today, India consistently collects Rs 6–7 lakh crore every quarter from GST.
Tax system that grew with the economy
The data tells a clear story:
GST stabilised around Rs 4 lakh crore during 2018–2019.
COVID caused a steep fall in 2020.
Post-pandemic recovery pushed collections above Rs 5 lakh crore in 2022.
By 2023–24, quarterly GST revenue moved firmly into the Rs 6 lakh crore bracket.
In 2025, India recorded its highest-ever quarter at Rs 7.2 lakh crore.
The rise reflects stronger compliance, digital systems like e-invoicing, and a growing formal economy.
7 Pillars of next-gen GST reforms
Next-Gen GST reforms take GST's success to a new level with an uncomplicated 2-tier structure, equitable taxation, and digital filing for easier and quicker refunds.
They put consumers first by cutting rates on necessary and expensive goods, give a hand to MSMEs and manufacturers by providing them with better cash flows, improve the collection of taxes from states, and create a demand that would result in the growth of both consumption and manufacturing across India.
The government has highlighted seven pillars of the next-gen GST reforms, aimed at making the country’s indirect tax system faster, and more transparent and technology-driven.
Building on the success of DST
- One Nation, One Tax
- Expanded the taxpayer base
- Simpler 2-tier system (5 per cent to 18 per cent)
Rationalising rates for fairer taxation
- Smoother duty structures
- Faster processing of refunds.
Simplifying filing through technology
- Easy registration for small and low-risk businesses.
- 90 per cent upfront provisional refunds for exporters.
- Digital compliance with e-invoicing.
- AI-driven risk detection.
Putting consumers first
- Essentials goods in the 0-5 per cent bracket.
- High-value items like cars down from 28 per cent> 18 per cent.
Empowering MSMEs and manufactures
- Fixed inverted duty structures.
- Simpler rates to support Make in India.
Stronger states, stronger Bharat
- Sustainable revenue growth for all states.
- Rationalised rates will increase demand
Lower taxes=Higher spending
- Families buy more, demand rises, industries grow.
- Cheaper appliance, electronics will increase demand.
RECOMMENDED
Akanksha
Akanksha is a writer who covers personal finance and commodities, with prior experience in cryptocurrency reporting. She has also covered political elections a
...Read More