📊 GST Collection Growth again on uptick in February 2025 after slow down post Octo_24. – 🚀

📊 GST Collection Growth again on uptick in February 2025 after slow down post Octo_24.  –  🚀

📅 Overall GST Growth Trends (YoY & MoM)

📆 Month	💰 Gross GST Collection (₹ Cr)	📈 MoM Growth (%)	🔥 YoY Growth (%)
🟢 Oct 2024	₹1,72,000	-	+10.3%
🟢 Nov 2024	₹1,75,300	+1.92%	+9.22%
🟡 Dec 2024	₹1,78,900	+2.05%	+8.95%
🟡 Jan 2025	₹1,81,500	+1.45%	+8.68%
🔵 Feb 2025	₹1,83,646	+1.18%	+9.1%

🔍 Key Takeaways:

• Post October 2024 YoY growth of double digit at +10.26%, We saw slow down in GST growth.

• Growth slightly even slowed in December & January, likely due to economic slowdown. .

• February 2025 rebounded to 9.09% YoY, signaling a strong tax collection trend.

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🏆 Top 5 States with the Highest GST Collection (February 2025) 🌟

🥇 Rank	📍 State	💰 GST Collection (₹ Cr)	📈 Growth (%)	🔥 Key Drivers
🏆 1	Maharashtra	₹30,637 Cr	13%	🏭 Manufacturing & Services Hub
🥈 2	Karnataka	₹14,117 Cr	10%	💻 IT, Startups, Industrial Growth
🥉 3	Gujarat	₹11,402 Cr	3%	🚢 Exports, Petrochemicals, Pharma
🔹 4	Tamil Nadu	₹10,694 Cr	10%	🚗 Auto Industry, Textiles, MSMEs
🔸 5	Uttar Pradesh	₹9,155 Cr	14%	🚚 FMCG, Logistics, SME Expansion

🔍 State-Wise Key Takeaways:

✅ Maharashtra leads the pack 🏆, driven by industrial output, services, and financial sector growth.
✅ Karnataka's IT & startup ecosystem 🚀 has fueled its 10% growth, keeping it at 2nd place.
✅ Gujarat’s slower growth (3%) suggests export fluctuations and commodity price impacts.
✅ Tamil Nadu & UP are emerging as fast-growing states, with auto, textiles, and logistics boosting collections.

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🏗️ Breakdown of GST Growth by Major Components

Component	Feb 2024 (₹ Cr)	Feb 2025 (₹ Cr)	📈 Growth (%)
Domestic GST (Total)	1,28,760	1,41,945	10.2% 📈
🏛️ CGST (Domestic)	31,785	35,204	10.7%
🏢 SGST (Domestic)	39,615	43,704	10.3%
🌍 IGST (Domestic)	45,505	50,049	10.0%
🔥 CESS (Domestic)	11,854	12,987	9.6%
Import GST (Total)	39,578	41,702	5.4% 📉
📦 IGST (Imports)	38,593	40,821	5.8%
⛽ CESS (Imports)	984	880	-10.6%
Total Gross GST	1,68,337	1,83,646	9.1% 🚀

🔍 Key Component Trends:

✅ Domestic GST Growth 📈 10.2% → Shows stronger economic activity within India.
✅ Import GST Growth 📉 5.4% → Slower growth, possibly due to global trade slowdowns.
✅ Net GST Revenue (after refunds) 📊 8.1% → Indicates higher compliance and efficiency.

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📌 Final Takeaways & Future Outlook

✅ 📊 Domestic GST Boom (+10.2%) = Sign of economic resilience 🏭💪.
✅ 🌏 Import GST Slowdown (+5.4%) = Impact of global trade fluctuations 🌐.
✅ 🏆 Maharashtra, Karnataka, Gujarat, TN, and UP dominate GST collections 💰.
✅ 📈 Consistent monthly GST growth = Stable tax revenues & expanding business activity 🚀.