GST Revenue Hits Historic Milestone: April Collections Surge to Record ₹2.43 Lakh Crore
The data further showed that the refunds were up 19.3 per cent to Rs 31,793 crore during April.
New Delhi: The government on Friday said that the gross goods and services tax or GST mop-up touched a new record high of Rs 2.43 lakh crore in April this year, registering an 8.7 increase over Rs 2.23 lakh crore collected in the same month last year. The significant surge in revenue, however, reflects a continued strength in economic activity in the country even in the midst of the ongoing Middle East conflict.
As per the finance ministry data, the gross GST collection rose 8.7 per cent in April to a record of about Rs 2.43 lakh crore in April as growth in import-led revenues outpaced domestic transactions. “The previous all-time high collection from Central GST, State GST and Integrated GST was recorded in April last year at over Rs 2.23 lakh crore,” the ministry said.
As per the data, the gross revenues from domestic transactions were up 4.3 per cent to over Rs 1.85 lakh crore, while GST mop-up from imports rose by a massive 25.8 per cent to Rs 57,580 crore in April 2026. “Total gross CGST and SGST collection in April stood at Rs 52,140 crore and Rs 61,331 crore, respectively. IGST mop-up during the month stood at over Rs 1.29 lakh crore,” the data showed.
The data further showed that the refunds were up 19.3 per cent to Rs 31,793 crore during April. “After adjusting refunds, net Goods and Services Tax (GST) mop-up was up 7.3 per cent to about Rs 2.11 lakh crore,” it showed.
Analyst, however, said that post GST 2.0, a steady 7-8 per cent monthly growth seems to be emerging as the norm, which is broadly in line with budget estimates. “Notably, growth in import-led revenues continues to outpace domestic transactions, which could indicate some softness in consumption, possibly reflecting a moderation in discretionary spending amid ongoing geopolitical uncertainties,” said Price Waterhouse & Co LLP Partner Pratik Jain.
Deloitte India, Partner & Indirect Tax Leader, Mahesh Jaising also said that a notable feature of April's GST number is the nearly 26 per cent year-on-year growth in import-linked GST, reflecting sustained trade flows even in a volatile external environment. “Equally important is the steady performance of domestic GST revenues, which suggests that GST-2.0 led rate rationalisation and simplification measures are beginning to support consumption and demand without materially eroding the tax base,” Jaising said.
EY India Tax Partner Saurabh Agarwal also said that while the headline GST collection numbers are encouraging, the divergence between modest domestic GST growth and the significant uptick in import-linked collections warrants a strategic pivot. “In an increasingly dynamic global landscape, we must critically re-examine our policy frameworks to further incentivize domestic manufacturing and ensure 'Make in India' keeps pace with global supply chain shifts,” Agarwal added.
