India’s gross Goods and Services Tax (GST) collection for October 2025 touched Rs. 1.96 lakh crores, marking a 4.6% rise compared to Rs. 1.87 lakh crore collected in the same month last year, according to data released by the Government on Friday. The October figure also marked the highest monthly collection in three months, after Rs. 1.89 lakh crore in September and Rs. 1.86 lakh crore in August, despite the rate reductions introduced under the new GST 2.0 structure.
Also Read: GST Rate Cuts on Mining Inputs to Support Housing and MSME Sector
Refunds and Import Tax Collections Saw Sharp Increase
Government data shows that GST refunds increased 39.6% YoY to Rs. 26934 crore, while tax from imports rose 13% to Rs. 50884 crore. Since 22nd September, GST has been collected under only two primary slabs, 5% and 18%, while the earlier 12% and 28% slabs have been fully removed. A separate 40% GST rate now applies to luxury and sin goods, marking one of the biggest structural GST changes since 2017.
Also Read: Tata Steel Receives Rs. 1000 Crore GST Notice Over Alleged Irregular Tax Credit
New GST Registration System Rolled Out for Small Businesses
Alongside the revenue update, the Centre has introduced a simplified GST registration mechanism that comes into effect today. Under the new system, businesses with monthly tax liability below Rs. 2.5 lakh will receive automatic approval within three working days, eliminating the earlier manual approval process. The move is aimed at reducing compliance delays for micro and small enterprises as well as public sector entities, in line with the Government’s push for ease of doing business.
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