April 2024 GST collection hits ₹2.10 lakh crore, second highest ever; domestic transactions up 10.7%.
| Photo Credit:
iStockphoto
Goods and Services Tax (GST) collection rose 12.6 per cent year on year (y-o-y) to an all-time high of about ₹2.37 lakh crore in April, government data showed on Thursday.
The GST mop-up was ₹2.10 lakh crore in April 2024 — the second highest collection ever since the roll-out of the indirect tax regime on July 1, 2017. In March 2025, the collection was ₹1.96 lakh crore.
GST revenue from domestic transactions rose 10.7 per cent to about ₹1.9 lakh crore, while revenue from imported goods was up 20.8 per cent to ₹46,913 crore.
Refunds issuance rose 48.3 per cent to ₹27,341 crore during April.
After adjusting refunds, net GST collection rose 9.1 per cent to over ₹2.09 lakh crore in April.
Published on May 1, 2025
April 2024 GST collection hits ₹2.10 lakh crore, second highest ever; domestic transactions up 10.7%.
| Photo Credit:
iStockphoto
Goods and Services Tax (GST) collection rose 12.6 per cent year on year (y-o-y) to an all-time high of about ₹2.37 lakh crore in April, government data showed on Thursday.
The GST mop-up was ₹2.10 lakh crore in April 2024 — the second highest collection ever since the roll-out of the indirect tax regime on July 1, 2017. In March 2025, the collection was ₹1.96 lakh crore.
GST revenue from domestic transactions rose 10.7 per cent to about ₹1.9 lakh crore, while revenue from imported goods was up 20.8 per cent to ₹46,913 crore.
Refunds issuance rose 48.3 per cent to ₹27,341 crore during April.
After adjusting refunds, net GST collection rose 9.1 per cent to over ₹2.09 lakh crore in April.
Published on May 1, 2025
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The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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