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    Question

    GST collection in July 2025 rose by 7.5% to ₹1.96 lakh

    crore, but net collection increased only by:
    A 0.5% Correct Answer Incorrect Answer
    B 1.0% Correct Answer Incorrect Answer
    C 1.5% Correct Answer Incorrect Answer
    D 1.7% Correct Answer Incorrect Answer
    E 2.0% Correct Answer Incorrect Answer

    Solution

    While gross GST collection grew by 7.5% in July 2025 to ₹1.96 lakh crore, net collection grew only 1.7% due to a sharp 117% increase in domestic refunds. The surge in refunds was largely because of the inverted duty structure in certain goods like lithium-ion batteries.

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