India Records Highest ever GST Collection

In April, the Goods and Services Tax (GST) collection witnessed a 12.6 per cent year-on-year record rise and reached an all-time high of about ₹2.37 lakh crore. The GST mop-up was ₹2.10 lakh crore in the same month of previous year, which was the second highest collection ever since the introduction of GST in July 2017. In March 2025, the GST collection was ₹1.96 lakh crore.

According to the updated data released by the Government on Thursday, GST revenue from domestic transactions rose 10.7 per cent to about ₹1.9 lakh crore, on the other hand, the imported goods were up 20.8 per cent to ₹46,913 crore. The refunds issuance rose 48.8 per cent to ₹27,341 crore during April.

GST Collection in April 2025

After refunds’ adjustment, net GST collection rose 9.1 per cent to over ₹2.09 lakh crore in April. According to the data, collections in March were 6.8 per cent higher than the ₹1.84 lakh crored recorded in the previous month.

In April, the Central GST collected from domestic transactions stood at ₹48,634 crore, while the GST mop-up for the state was ₹59,372 crore. Integrated GST and cess collection from domestic transactions were ₹69,504 crore and ₹12,293 crore respectively.

Experts take on GST Collection data

On this presented GST collection data, Saurabh Agarwal, Tax Partner, EY India, said, “The record GST collections underscore the Indian economy’s underlying strength in the face of global economic uncertainties. While a moderation in absolute GST collections is anticipated next month due to the global economic climate, the overall outlook for the Indian economy remains optimistic.”

In addition, Vivek Jalan of Partner Tax Connect Advisory Services LLP said, “Amidst the global tariff war, the disruption caused by the heinous attack in Kashmir, and the related uncertainties, the growth of net GST revenues by 9.1 per cent over last year show the firm resolve of the country.” He further said, “However, what stands out is the stark variation between the growth of GST revenues of the Central vis-a-vis State jurisdictions in certain states.”

Experts noted that domestic collections have consistently risen over the last year, with the first month of the current fiscal year showing a 9.9 per cent growth.

According to Abhishek Jain, Partner and Head, Indirect Tax, KPMG in India, a significant contributor is the year-end reconciliation process, which results in additional tax payments by businesses to align with their returns during the year.

Mahesh Jaising, Partner and Leader, Indirect Tax, Deloitte India said, “Major states also show a positive growth, a good sign for fiscal 25-26. The rising number of GST registrants indicates that more and more taxpayers (25l+ over FY25) are coming into the tax net and should result in higher collections.”

GST was a revolutionary move in India’s taxation structure. It was introduced on July 1, 2017 and states were assured compensation for any revenue loss arising due to its implementation. The GST Council is a federal body in which the Finance Minister is the Chairman and Finance Ministers of all states are its members. The recent meeting of the GST council was held on December 21 at Jaisalmer, Rajasthan.