India’s GST collections hit a record high of Rs 2.37 lakh crore in April, rising 12.6% year-over-year.

In April 2024, GST mop-up stood at Rs 2.10 lakh crore, making it the second-highest ever since GST’s rollout in July 2017.

Revenue from domestic transactions rose 10.7% to around Rs 1.9 lakh crore, while collections from imports jumped 20.8% to Rs 46,913 crore.

Refunds issued in April surged 48.3% to Rs 27,341 crore.

For comparison, GST collections in March 2025 stood at Rs 1.96 lakh crore, up 9.9% YoY; the same figure was also recorded in January.

The government has projected an 11% rise in GST revenue for FY25, targeting Rs 11.78 lakh crore, including Central GST and compensation cess.

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