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Key Points

India's GST collections soared to a record Rs 2.37 lakh crore in April, reflecting a 12.6% year-on-year growth. Domestic transactions contributed Rs 1.9 lakh crore while import-related GST saw a sharp 20.8% increase. Experts highlight these figures as evidence of India's economic resilience despite global uncertainties. The robust numbers signal strong consumption and fiscal health ahead of the new financial year.

Key Points: India GST Collections Hit Record Rs 2.37 Lakh Crore in April

  • April GST revenue jumps 12.6% to Rs 2.37 lakh crore
  • Domestic transactions rise 10.7% to Rs 1.9 lakh crore
  • Import-related GST up 20.8% to Rs 46,913 crore
  • Refund issuances surge 48.3% to Rs 27,341 crore
2 min read

GST collections hit record high in April with Rs 2.37 lakh crore, up 12.6%

India's GST revenue surges 12.6% to Rs 2.37 lakh crore in April, marking the highest-ever monthly collection with strong domestic and import growth.

"The record GST collections underscore the Indian economy's underlying strength in the face of global economic uncertainties. - Saurabh Agarwal, EY India"

New Delhi, May 1

The Gross Goods and Services Tax (GST) collection reached an all-time high of Rs 2.37 lakh crore during April, reflecting a 12 per cent increase.

According to the government data released on Thursday, the total gross GST revenue was 2.10 lakh crore in April of the current year.

The data shows that the GST revenue from the domestic transactions saw an uptick of 10.7 per cent to about Rs 1.9 lakh crore.

The revenue from imported goods was up 20.8 per cent to Rs 46,913 crore, as the data suggests.

The data shows that the refund issuances saw an uptick of a staggering 48.3 per cent to Rs 27,341 crore during the month.

The Gross Goods and Services Tax (GST) collections for March 2025 stayed at Rs 19,56,034 crore (Rs 1.96 lakh crore), surging 9.9 per cent.

The data revealed that collections in March were 6.8 per cent higher than the Rs 1.84 lakh crore recorded in the previous month.

Observing the GST data, Saurabh Agarwal, Tax Partner, EY India, said, "The record GST collections underscore the Indian economy's underlying strength in the face of global economic uncertainties."

"While a potential moderation in absolute GST collections is anticipated next month due to the current global economic climate, the overall outlook for the Indian economy remains optimistic," he added.

The recent GST collections reflect a positive trajectory for India's economy, underscoring robust domestic consumption and buoyant import activity. The figures bode well for the country's fiscal health and economic recovery efforts, signalling resilience amidst global uncertainties.

The Goods and Services Tax was introduced in the country with effect from July 1, 2017, and states were assured compensation for loss of any revenue arising on account of the implementation of GST.

The GST Council, a federal body comprising the Union Finance Minister as its Chairman and Finance Ministers of all States as members, has played its part in the forum. The latest meeting of the GST Council was held on December 21 at Jaisalmer, Rajasthan.

- ANI

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Reader Comments

R
Rahul K.
Good to see GST collections breaking records! This shows our economy is on the right track despite global slowdown fears. Hope this translates into better infrastructure and public services. 🇮🇳
P
Priya M.
While the numbers look impressive, I wonder how much of this is due to inflation? Also, as a small business owner, the compliance burden has increased significantly under GST. The system needs simplification.
A
Amit S.
The 20% jump in import GST is interesting. Does this mean we're importing more or just that import duties have increased? Either way, we should focus more on 'Make in India' to reduce import dependence.
N
Neha T.
GST has come a long way since 2017! Remember the initial chaos? Now it's stabilizing. But government should use this revenue wisely - better roads, schools and hospitals please! 🏥
S
Sanjay P.
The refund increase by 48% is a positive sign. Earlier, businesses used to suffer due to delayed refunds. Hope this trend continues and working capital gets freed up faster for MSMEs.
K
Kavita R.
As a consumer, I don't mind paying GST if I see the benefits. But sometimes the multiple tax slabs (5%, 12%, 18%, 28%) are confusing. Why can't we have just 2-3 simple rates?

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