Overall GST Performance (December 2024):
Total Gross GST Revenue: ₹1,76,857 crore (7.3% growth compared to December 2023).
Total Net GST Revenue: ₹1,54,366 crore (3.3% growth compared to December 2023). This shows a smaller increase than the gross revenue, indicating higher refunds.
Significant Growth in Domestic Revenue: A substantial increase in domestic revenue is observed, with a 6.7% growth in net revenue.
Import Revenue Growth: Import revenue also experienced growth, although this was less pronounced.
Refunds Increased Substantially: Total refunds increased significantly (45.3% growth) compared to the previous year. This impacted the net revenue growth.
SOURCE
(https://tutorial.gst.gov.in/downloads/news/approved_monthly_gst_data_for_publishing_dec_2024.pdf )