GST Collections Double to ₹22 Lakh Cr in 8 Years, Taxpayers Surge to 1.51 Crore

Fast Summary:

• India’s goods and Services Tax (GST) is completing eight years on July 1, 2025. It was launched in 2017 to replace a complex system of 17 local taxes and 13 cesses.
• GST collections have more than doubled, increasing from Rs 11.37 lakh crore in FY21 to Rs 22.08 lakh crore in FY25, showing a consistent upward trend over the years.
• The average monthly collections rose from Rs 1.51 lakh crore in FY22 to Rs 1.84 lakh crore in FY25.
• Monthly records were set with April 2025 collections hitting an all-time high of Rs 2.37 lakh crore, while May retained solid revenues at Rs 2.01 lakh crore-a rise of over 16% compared to May last year.
• of the May revenue, domestic transactions accounted for Rs 1.50 lakh crore, and imports contributed Rs 51,266 crore.
• The number of registered taxpayers has grown substantially-from around 65 lakhs at GST’s inception to over 1.51 crores today.
• A Deloitte survey titled “GST@8” revealed that 85% of businesses reported a positive experience, crediting reforms like updates to the GST portal and clearer tax guidelines for smoother compliance.