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GST Collections Hit Record High of ₹2.37 Lakh Crore in April 2025

GST Collections in April 2025 Soar to Record ₹2.37 Lakh Crore, Marking 12.6% YoY Growth
GST Collections in April 2025 Soar to Record ₹2.37 Lakh Crore, Marking 12.6% YoY Growth

India’s Goods and Services Tax (GST) collections reached an all-time high of ₹2.37 lakh crore in April 2025, according to official data released by the Ministry of Finance. This historic milestone represents a 12.6% year-on-year (YoY) increase, surpassing the previous record of ₹2.10 lakh crore reported in April 2024.

This surge in GST revenues comes on the back of strong domestic consumption, increased compliance, and higher import volumes, reflecting a broad-based recovery and growing tax efficiency across sectors.

Domestic and Import Revenues Drive Growth

Breaking down the figures, GST collections from domestic transactions grew by 10.7% YoY, contributing approximately ₹1.9 lakh crore to the total. Meanwhile, revenue from imported goods surged by 20.8%, reaching ₹46,913 crore. These numbers underscore India’s expanding consumption base and enhanced customs duty collection systems at the borders.

The record April collection also includes a significant rise in refunds issued by the government. Refunds worth ₹27,341 crore were disbursed during the month, which is a sharp 48.3% increase compared to April 2024.

After adjusting for these refunds, the net GST collection stood at over ₹2.09 lakh crore, reflecting a solid 9.1% growth in net tax revenue.

Month-on-Month and Yearly Trends

This new record surpasses the March 2025 GST collection of ₹1.96 lakh crore, as well as the January 2025 collections which also stood at ₹1.96 lakh crore, marking a consistent upward trend in the final quarter of FY25.

To put things in perspective:

The rising trajectory indicates robust compliance, improved economic activity, and greater efficiency in GST administration by both state and central authorities.

Budget Projections and Future Outlook

The Union Budget 2025-26 has projected a GST revenue growth of 11%, targeting total collections of ₹11.78 lakh crore, which includes Central GST (CGST) and compensation cess. April’s record-breaking collection puts the government on a strong footing to meet and possibly exceed this target.

The Finance Ministry credited this growth to a series of reforms, enhanced e-invoicing adoption, increased tax audits, and the integration of artificial intelligence tools to monitor evasion and boost compliance.

Conclusion

The GST collections in April 2025 mark a major fiscal milestone for India, reflecting economic resilience and better tax compliance. As GST continues to stabilize as a unified tax system, record revenue like this not only boosts government spending capacity but also signals a healthy consumption pattern in the economy.

With consistent growth in both domestic and import-driven revenues, and supportive policy measures, India seems on track to meet its ambitious tax collection goals for FY25-26.

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