In April 2025, the revenue from the Goods and Services Tax (GST) hit an all-time high of ₹2.37 lakh crore. This figure represents a growth of 12.6% compared to the same time last year, based on information from the central government.
This outperformed the previous second-highest collection of Rs 2.10 lakh crore recorded in April 2024, since the enactment of the indirect tax system on July 1, 2017. Rs 1.96 lakh crore was the March 2025 collection in March 2025.
From domestic transactions, GST earnings increased by 10.7 per cent, to around Rs 1.9 lakh crore, whilst revenue from imported goods shows a 20.8 per cent growth, attaining Rs 46,913 crore.
In April, the government issued refunds of Rs 27,341 crore, marking a 48.3 per cent upsurge.
After accounting for refunds, the net GST collection exhibited a 9.1 per cent growth, totalling more than Rs 2.09 lakh crore in April.
The rise in the GST collections to a record all-time high depicts a decisive indicator of strong economic activity. It specifies ongoing recovery and growth, an influential contributor is also the year-end reconciliation process, which consequence in additional tax payments via businesses to align their returns in the year.
The record GST collections specify the robust strength of the Indian economy in the global economic uncertainties.
Andaman & Nicobar, Lakshadweep, Meghalaya, Nagaland, and Arunachal Pradesh are the regions through which economic progress happens, as shown by the record. Increasing export and other GST refunds, which is the effort of the government, has streamlined the capital load on industries, which is an advantage to translates to consumers over the medium to long term.
In April, the remarkable GST numbers have also been driven by exports to the US market before the announcement of reciprocal tariffs. A slight decrease in absolute GST collections is expected following month because of the current global economic climate, the general outlook for the Indian economy remains favourable.
Emerging manufacturing opportunities drive this positive sentiment as businesses look to develop alternative supply chains all across the world to decrease the risk of future tariff-related disruptions.
An 11% rise in GST revenue has been expected under the government Budget forecasts, with the predicted collections of Rs 11.78 lakh crore, containing both Central GST and compensation cess components.
