GST collections in April hit all-time high of ₹2.36 lakh crore

Growth in GST collection from domestic sources stood at is 10.7 per cent while growth from import-based sources was at is 20.8 per cent
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shylendrahoode

Aided by year-end business, collections from Goods & Services Tax (GST) surged to all time high of over ₹2.36 lakh crore in April, Finance Ministry reported on Thursday. Previous high of ₹2.10 lakh crore was recorded in April last year.

The year-on-year growth (y-o-y) is 12.6 per cent.

Interestingly, the growth in collection from domestic sources stood at 10.7 per cent while growth from import-based sources was at 20.8 per cent. At the same time, refunds of export GST rose over 86 per cent, and domestic refunds grew over 22 per cent. Though strong refunds impacted net collection, the overall figure was over ₹2 lakh crore, coming close to last April’s gross collections.

According to MS Mani, Partner, Deloitte India, the trend of increase in refunds observed over the past few months has continued this month, indicating that the online refund processes have now achieved a good degree of stability. GST collections during the month have been high across all the major producing/ consuming states, ranging from 11 per cent to 16 per cent. This is unlike the previous months where certain large states experienced comparatively  lower growth.

“It is interesting to note that more than 5 States — including, UP, Gujarat, Maharashtra, Karnataka and Tamil Nadu —now have more than 10 lakh GST registrations each, out of the overall 150 lakh registrations across the country.  These States also account for the bulk of the GST collections, although the State with the largest number of registrations is (UP) while the State with the highest revenues is Maharashtra,” he said.

Meanwhile, Vivek Jalan, Partner, Tax Collect observed stark variation between the growth of GST revenues of the Central vis-a-vis State jurisdictions in certain States. For example, in Tamil Nadu, the growth in GST revenues of Central formulations is 9.3 per cent while that in State formulation is 17 per cent. “This aspect may be looked into by the State CGST and SGST authorities. It would be just that taxpayers, whether in State or in Centre jurisdictions would be consistently treated,” he said.

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Published on May 1, 2025