TaxTMI 
TaxTMI 
Gross GST mop-up rises 7.5 pc to Rs 1.96 lakh cr; refunds jump 67 pc in Jul
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....ross GST mop-up rises 7.5 pc to Rs 1.96 lakh cr; refunds jump 67 pc in Jul<BR>GST<BR>Dated:- 1-8-2025<BR>PTI<BR>New Delhi, Aug 1 (PTI) Gross GST collection increased 7.5 per cent to about Rs 1.96 lakh....
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.... crore in July on higher domestic revenues. Gross Goods and Services Tax (GST) mop-up was Rs 1.82 lakh crore in July 2024. Last month, the collection was Rs 1.84 lakh crore. The gross domestic reven....
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....ue grew 6.7 per cent to Rs 1.43 lakh crore, while tax from imports rose 9.5 per cent to Rs 52,712 crore. GST Refunds shot up 66.8 per cent year-on-year to Rs 27,147 crore. The net GST revenue stood ....
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....at Rs 1.69 lakh crore in July 2025, recording a 1.7 per cent year-on-year growth. EY India Tax Partner Saurabh Agarwal said that despite some global pressures and temporary dips, the overall trend sh....
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....ows a stable consumption pattern and consistent growth trajectory of the economy. "The government's timely refund process is also a great help to businesses, ensuring they have the working capital th....
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....ey need," Agarwal added. PTI JD BAL BAL BAL<BR> News - Press release - PIB....