- India's GST collections hit a record Rs 2.43 lakh crore in April, up 8.7% year-on-year
- Domestic transaction GST revenue rose 4.3% to over Rs 1.85 lakh crore in April
- Import GST collections surged 25.8% to Rs 57,580 crore, boosting total revenue
India's goods and services tax (GST) collections surged to a record high in April, with gross revenues rising on an annual basis despite a sharp jump in refunds issued during the month.
Gross GST collections rose 8.7% year-on-year to Rs 2.43 lakh crore in April, the highest monthly tally on record, government data released on Friday showed. The previous all-time high was recorded in April last year, when collections crossed Rs 2.23 lakh crore.
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Revenue from domestic transactions increased 4.3% to more than Rs 1.85 lakh crore during the month, indicating steady consumption activity. Collections from imports, however, jumped sharply by 25.8% to Rs 57,580 crore, providing a significant boost to overall GST revenues.
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Refunds issued in April climbed 19.3% from a year earlier to Rs 31,793 crore, reflecting faster processing and settlement of claims. After adjusting for refunds, net GST collections stood at about Rs 2.11 lakh crore, up 7.3% compared with April 2025.
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