GST Mop-Up Rises 12.6% To Highest-Ever At Rs 2.37 Lakh Crore In April

Advertisement
Read Time: 1 min
The GST mop-up was Rs 2.10 lakh crore in April 2024 -- the second highest collection ever since the roll-out of the indirect tax regime on July 1, 2017. (Image by fatmawatilauda on Freepik)

Goods and Services Tax collection rose 12.6% year-on-year to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.

The GST mop-up was Rs 2.10 lakh crore in April 2024 -- the second highest collection ever since the roll-out of the indirect tax regime on July 1, 2017. In March 2025, the collection was Rs 1.96 lakh crore.

Advertisement

GST revenue from domestic transactions rose 10.7 % to about Rs 1.9 lakh crore, while revenue from imported goods was up 20.8% to Rs 46,913 crore.

Refunds issuance rose 48.3% to Rs 27,341 crore during April.

After adjusting refunds, net GST collection rose 9.1% to over Rs 2.09 lakh crore in April.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Loading...