Maharashtra GST Collection Historical Data: Year-Wise Growth and Trends
The Goods and Services Tax (GST) has become a critical component of India’s fiscal framework. Maharashtra, as India’s leading industrial and financial hub, consistently contributes the highest share to the national GST revenue. This document provides an overview of Maharashtra’s GST collection trends, year-wise performance, and insights into sectoral and regional contributions.
Key Takeaways
- Maharashtra remains India’s top GST contributor, recording ₹3.59 lakh crore in FY 2024–25, the highest among all states.
- Strong industrial and service bases in cities like Mumbai, Pune, and Nagpur continue to drive steady monthly collections of ₹30,000–₹40,000 crore in FY 2025–26.
- Post-pandemic recovery and digital compliance tools such as e-invoicing and e-way bills have improved revenue efficiency and reduced tax evasion.
- Future outlook is positive, with growth expected from manufacturing, logistics, and emerging sectors like EVs and pharmaceuticals.
Overview of GST in Maharashtra
Maharashtra’s GST performance is driven by its strong manufacturing, services, IT, and trade sectors. Major cities such as Mumbai, Pune, Nagpur, and Nashik contribute significantly to GST revenue through industrial production and service-based activities.
Historical Maharashtra GST Collection Trends (Year-wise)
Financial Year | GST Collection (Approx.) | YoY Growth (%) | Key Highlights |
| FY 2017–18 | ₹1.45 lakh crore | - | Initial GST rollout; transitional compliance phase |
| FY 2018–19 | ₹1.82 lakh crore | +25.5% | Improved filing compliance and stabilisation of GSTN |
| FY 2019–20 | ₹2.05 lakh crore | +12.6% | Moderate growth amid economic slowdown |
| FY 2020–21 | ₹1.85 lakh crore | -9.8% | Impact of COVID-19 lockdowns on revenue |
| FY 2021–22 | ₹2.35 lakh crore | +27.0% | Strong post-pandemic recovery and improved e-invoicing adoption |
| FY 2022–23 | ₹2.95 lakh crore | +25.5% | Boost in consumption and service sector expansion |
| FY 2023–24 | ₹3.36 lakh crore | +13.9% | Stable growth driven by manufacturing and retail trade |
| FY 2024–25 | ₹3.59 lakh crore | +6.8% | Record collection, highest among Indian states |
| FY 2025–26 (Apr–Jul) | ₹1.33 lakh crore (approx.) | — | Consistent monthly collections of ₹30,000–₹40,000 crore |
Month-wise Maharashtra GST Collections
Month | GST Collection | YoY Growth |
| April 2025 | ₹41,645 crore | +11% |
| May 2025 | ₹31,530 crore | +17% |
| June 2025 | ₹30,553 crore | +6% |
| July 2025 | ₹30,590 crore | +6% |
| August 2025 | ₹28,900 crore | +10% |
| September 2025 | ₹27,762 crore | +5% |
| October 2025 | ₹32,025 crore | +3% |
Division-wise Maharashtra GST Revenue
Maharashtra’s GST collections are driven by key regions:
- Mumbai Division – financial and trading hub
- Pune Division – manufacturing and IT center
- Nashik and Aurangabad – industrial growth zones
- Nagpur – logistics and warehousing hub
Year-on-Year Growth and Trends
The state has demonstrated steady year-on-year growth in GST revenue since 2017. Trends indicate increased compliance, improved automation through e-invoicing, and wider tax base coverage.
Comparison with Other States: GST Collections FY 2024-25
State | FY 2024-25 Collection (₹ Crore) | Rank |
| Maharashtra | ₹ 3,59,854.70 | 1 |
| Karnataka | ₹ 1,59,563.80 | 2 |
| Gujarat | ₹ 1,36,748.21 | 3 |
| Tamil Nadu | ₹ 1,31,115.43 | 4 |
Key Factors Influencing Maharashtra GST Collection
Several factors contribute to Maharashtra’s strong GST performance:
- Industrial diversification
- High consumption and service-sector base
- Urbanization and infrastructure projects
- Enhanced compliance via e-way bills and e-invoicing
- State tax enforcement and audits
About the Author
Prajwal Magaji
Aspiring Chartered Accountant with 3+ years of hands-on experience in income tax and GST. Having handled everything from the likes of return filings to tax assessments. I'm now bringing that experience into the world of content writing, aiming to make tax less intimidating and more engaging. Read more
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