India's GST collection rises 12.6% to highest-ever of ₹2.37 lakh crore in April 2025

Goods and Services Tax (GST) collection rose 12.6 per cent year-on-year (YoY) to an all-time high of about ₹2.37 lakh crore in April. The GST mop-up was ₹2.10 lakh crore in April 2024 -- the second highest collection ever since GST was rolled out in July 2017. In March 2025, the collection was ₹1.96 lakh crore.

According to the latest government data released on Thursday, GST revenue from domestic transactions rose 10.7 per cent to about ₹1.9 lakh crore, while imported goods were up 20.8 per cent to ₹46,913 crore. Refunds issuance rose 48.3 per cent to ₹27,341 crore during April.

India's GST Collection in April 2025

After refunds were adjusted, net GST collection rose 9.1 per cent to over ₹2.09 lakh crore in April. The data revealed that collections in March were 6.8 per cent higher than the ₹1.84 lakh crore recorded in the previous month.

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

Experts on GST collection data

On the GST 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."

Adding to this, Vivek Jalan - 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.”

“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,” added Jalan. 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.

“The State CGST and SGST Authorities may look into this aspect. It would be just that taxpayers, whether in the State or Centre jurisdictions, would be consistently treated,” he said.

Experts noted that domestic collections have steadily grown 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 their returns during the year.

⁠"The import collections show a higher growth of 20.8 per cent, which appears to be led by the export growth as visible by the significantly higher export refunds and this could be on account of the tariff pressures and anticipated tweaks to the tariffs leading to companies adjusting their supply chains," said Mahesh Jaising, Partner and Leader, Indirect Tax, Deloitte India.

⁠"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," added Jaisingh.

GST was introduced in the country on July 1, 2017, and states were assured compensation for any revenue loss arising from its implementation. The GST Council is a federal body comprising the Finance Minister as its Chairman and Finance Ministers of all States as members. The latest meeting of the GST Council was held on December 21 at Jaisalmer, Rajasthan.