GST collection creates a new record


New Delhi, May 2: Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about ₹2.37 lakh crore in April, government data showed on Thursday.
The GST mop-up was ₹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 ₹1.96 lakh crore.
GST revenue from domestic transactions rose 10.7 per cent to about ₹1.9 lakh crore, while revenue from imported goods was up 20.8 per cent to ₹46,913 crore.
Refunds issuance rose 48.3 per cent to ₹27,341 crore during April.
After adjusting refunds, net GST collection  rose 9.1 per cent to over ₹2.09 lakh crore in April.
The data revealed that collections in March were 6.8 per cent higher than the ₹1.84 lakh crore recorded in the previous month.
On 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.
Adding to this, Vivek Jalan – Partner Tax Connect Advisory Services LLP said, “Amidst the global tariff war, the disruption caused by the heinous attack in Kashmir, and the related uncertainties, the growth of net GST revenues by 9.1 per cent over last year show the firm resolve of the Country to keep the dream of ‘Viksit Bharat’ going, amidst all odds.”
“However, what stands out is the stark variation between the growth of GST revenues of the Central vis-a-vis State jurisdictions in certain states,” added Jalan
For example, in Tamil Nadu, the growth in GST revenues of Central formulations is 9.3 per cent while that in State formulation is 17 per cent. “This aspect may be looked into by the State CGST and SGST Authorities. It would be just that taxpayers, whether in State or in Centre jurisdictions would be consistently treated,” he said.
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.