Gujarat’s GST Revenue Surges to ₹73,200 Crore in 2024-25

Gujarat has achieved significant growth in its Goods and Services Tax (GST) revenue, reaching ₹73,200 crore for the financial year 2024-25. This marks an increase of ₹8,752 crore compared to the previous year. The state has shown remarkable improvement in its tax collection since the implementation of GST on July 1, 2017.

The total GST revenue for Gujarat has risen to ₹1,36,748 crore this year, which is ₹11,579 crore more than last year. The increase in revenue is attributed to a 145% rise in the number of registered taxpayers, which now exceeds 12.66 lakh.

Under the leadership of Chief Minister Bhupendra Patel and Finance Minister Kanubhai Desai, the state has maintained its position as one of the top contributors to GST in India. Gujarat ranked third in total GST collections among Indian states, contributing 8.2% to the national GST revenue.

The efficiency of Gujarat’s tax system can be seen in its Key Performance Indicators (KPIs). The state scored 71.69 points, placing it second in the country. Gujarat excelled in nine out of 22 performance metrics, showcasing its commitment to timely tax compliance. The state achieved a filing rate of 88.9% for GSTR-3B and 85.5% for GSTR-1, indicating a high level of discipline among taxpayers.

One of the key factors for this growth is the increase in e-way bills, which are essential for tracking goods transportation. Gujarat suppliers generated a staggering 13.98 crore e-way bills in 2024-25, securing the top position in the country for e-way bill generation.

The introduction of GST has simplified the tax structure in Gujarat, replacing multiple previous tax systems like VAT and CST. This simplification has reduced tax burdens and made compliance easier for businesses. The single tax system has led to a more transparent and efficient economic environment, fostering growth and development.

The state’s tax revenue also includes collections from VAT and business taxes, which contributed significantly to the total of ₹9,880 crore in June 2025. This marked a monthly record since the GST was implemented.

Overall, Gujarat’s economic landscape has transformed under the GST regime. The increase in revenue has allowed the state to invest more in education, health, and infrastructure, enhancing public services for its residents.

As Gujarat continues to lead in GST collections, it sets an example for other states in India. The focused efforts of the state government and the active participation of taxpayers have resulted in this remarkable achievement. With the aim of further improving its tax collection system, Gujarat is poised to maintain its growth trajectory in the coming years, contributing to the overall economic development of the country.

Leave a Reply

Your email address will not be published. Required fields are marked *

Search