GST collection has clocked double digit growth in April-June quarter, says Pankaj Chaudhary

India's mean monthly net Goods and Services Tax (GST) collection rose by a robust 10.7% during the first quarter (April–June) of the current financial year 2025–26 to ₹1,80,774 crore.

This represents a significant rise from ₹1,63,319 crore seen in the same period last fiscal, Minister of State for Finance Pankaj Chaudhary told the Parliament on Tuesday.

Replying by letter to a Rajya Sabha question, Chaudhary pointed to several pro-business reforms taken by the government on the GST Council's recommendations to aid micro, small, and medium enterprises (MSMEs).

One of the significant relief measures is that small businesses involved in intra-state taxable supply of goods are exempted from GST registration if their turnover remains below ₹40 lakh. The limit is fixed at ₹20 lakh for some special category states.

Likewise, service providers offering taxable services within or outside state borders are not asked to register under GST if their annual turnover is below ₹20 lakh, or ₹10 lakh for certain special category states.

The minister also highlighted the importance of the composition levy scheme, an easy tax choice for small enterprises. Eligible manufacturers and traders having turnover within thresholds are taxed at a uniform rate of 1%—divided equally between Central GST (CGST) and State GST (SGST). Restaurant operators under the same scheme pay 5%, divided equally between the two Acts.

Further, registered firms with a turnover of ₹5 crore or less in the last financial year can choose quarterly return filing while still paying monthly tax, providing additional ease of compliance.

At a larger economic context, Chaudhary also touched upon several policy measures being undertaken to check inflation and ease its burden on consumers. These involve increasing buffer stock levels of foodgrains, as well as strategic open-market sales to enhance supply and steady prices.

Other inflation-fighting measures, the minister says, include simplifying import processes, temporarily restricting exports during scarcity, and imposing stock limits to add more quantities of priority commodities into circulation.