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GST collections hit record high in April, rise 8.7% to ₹2...
2026-05-01 · via Business News India: Latest Business News Today, Share Market, Economy

India's gross GST collection rose 8.7 per cent in April to a record ₹2.43 lakh crore.

SUMMARY

  • Net GST collections reached about Rs 2.11 lakh crore after refunds adjustment
  • Domestic transaction revenues rose 4.3 per cent, crossing Rs 1.85 lakh crore
  • GST mop-up from imports surged 25.8 per cent to Rs 57,580 crore

Gross Goods and Services Tax (GST) collection rose 8.7 per cent in April to a record of about ₹2.43 lakh crore, government data showed on Friday.

The growth was driven by a significant rise in import-related taxes, which outdid domestic collections during the start of the new fiscal year. 

The latest collection was higher than the previous all-time high of over ₹2.23 lakh crore recorded in April last year. After adjusting for refunds, net GST mop-up rose 7.3 per cent to about ₹2.11 lakh crore.

Gross revenues from domestic transactions rose 4.3 per cent to over ₹1.85 lakh crore, while GST mop-up from imports increased 25.8 per cent to ₹57,580 crore in April 2026. Refunds during April were up 19.3 per cent to ₹31,793 crore.

The April GST data showed a record gross collection, with higher revenues from domestic transactions and imports, while net collections stood at about ₹2.11 lakh crore after refunds were adjusted.

According to data, Maharashtra (40%), Karnataka (42%), Telangana (36%) and Puducherry (108%) recorded strong on-year growth in April. 

Published on: May 1, 2026 12:15 PM IST