GST Collections Scale New Peak, April Mop-Up Hits ₹2.4 Lakh Crore
India’s gross GST collections surged to a record Rs 2.4 lakh crore in April, marking the fastest annualised growth in 17 months. Robust consumption and strong IGST inflows powered the rise, despite higher refunds tempering net revenue gains.
India’s Goods and Services Tax (GST) collections soared to an all-time high of Rs 2.4 lakh crore in April 2025. |
New Delhi: India’s Goods and Services Tax (GST) collections soared to an all-time high of Rs 2.4 lakh crore in April 2025, reflecting a sharp rebound in economic activity and buoyant consumption trends. According to government data released on May 1, this marks a substantial increase from Rs 1.96 lakh crore in March and Rs 2.1 lakh crore in April 2024.
This impressive mop-up represents an annualised growth rate of 12.6 percent—the fastest pace recorded in the past 17 months. The spike in revenues was led by a 20.8 percent surge in Integrated GST (IGST), alongside a 10.7 percent rise in domestic GST collections.
The April tally also marks the fourth consecutive month of collections exceeding ₹1.8 lakh crore, indicating sustained momentum in tax compliance and consumption.
The robust numbers build on strong quarterly performance as well. Gross GST collections touched ₹5.75 lakh crore in the January–March quarter of FY25—the highest for any quarter.
This reflected a 10.4 percent year-on-year growth, surpassing the 8.3 percent expansion in the October–December quarter.
However, the surge in collections was partially offset by a sharp increase in refunds, which jumped by 48.3 percent. As a result, net GST revenue growth for April stood at a relatively modest 9.1 percent.
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