GST Collections Scale New Peak, April Mop-Up Hits ₹2.4 Lakh Crore

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.

FPJ Web DeskUpdated: Thursday, May 01, 2025, 04:01 PM IST
article-image
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.

RECENT STORIES

VIDEO: Union Minister Pralhad Joshi Launches Sale Of Onions At ₹24 Per Kg To Keep Prices In Check

VIDEO: Union Minister Pralhad Joshi Launches Sale Of Onions At ₹24 Per Kg To Keep Prices In Check

GST 2.0: Salted Popcorn To Attract 5 Per Cent, Caramel-Flavoured 18 Per Cent

GST 2.0: Salted Popcorn To Attract 5 Per Cent, Caramel-Flavoured 18 Per Cent

GST Rate Cuts Could Lower Inflation, Enable RBI To Slash Repo Rate By 25 bp In 4Q25: HSBC Report

GST Rate Cuts Could Lower Inflation, Enable RBI To Slash Repo Rate By 25 bp In 4Q25: HSBC Report

Garments Above ₹2,500 Now Attract 18% GST, Industry Warns Of Higher Prices And Middle-Class Impact

Garments Above ₹2,500 Now Attract 18% GST, Industry Warns Of Higher Prices And Middle-Class Impact

Markets End Slightly Higher On GST Optimism, Profit Booking & IT Selloff Trim Early Gains

Markets End Slightly Higher On GST Optimism, Profit Booking & IT Selloff Trim Early Gains