Overview
- Gross GST collections in April 2025 reached an all-time high of ₹2.37 lakh crore, marking a 12.6% year-on-year increase and the highest since GST's introduction in 2017.
- Net GST receipts stood at ₹2.09 lakh crore, up 9.1% from April 2024, with refunds rising sharply by 48.3% to ₹27,341 crore.
- Domestic GST revenue grew by 10.7%, while revenue from imported goods surged 20.8%, highlighting the impact of trade and consumption trends.
- Year-end account closures, stronger compliance, and increased business activity were key drivers behind the record collections.
- Finance Minister Nirmala Sitharaman attributed the growth to economic resilience and cooperative federalism, underscoring taxpayer contributions and state collaboration.