The revenue from domestic transactions rose by 10.7 per cent to about Rs 1.9 lakh crore, while revenue from imported goods saw a more significant increase of 20.8 per cent, reaching Rs 46,913 croreread moreGoods and Services Tax (GST) collection hit an all-time high of approximately Rs 2.37 lakh crore in April, marking a 12.6 per cent increase year-on-year, according to government data released on Thursday.In April 2024, the GST revenue was Rs 2.10 lakh crore, making it the second-highest collection since the implementation of the indirect tax system on July 1, 2017. For comparison, the collection in March 2025 was Rs 1.96 lakh crore.STORY CONTINUES BELOW THIS ADThe revenue from domestic transactions rose by 10.7 per cent to about Rs 1.9 lakh crore, while revenue from imported goods saw a more significant increase of 20.8 per cent, reaching Rs 46,913 crore.More from India
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You want to demoralise security forces? SC refuses to hear PIL over Pahalgam attackThe issuance of refunds also surged by 48.3 per cent, totaling Rs 27,341 crore in April.After accounting for refunds, the net GST collection increased by 9.1 per cent, totaling over Rs 2.09 lakh crore for the month.More to comeTagsIndiaIndian EconomyEnd of Article
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