India's Goods and Services Tax (GST) collections for April 2026 reached £2,42,702 crore, an impressive 8.7% increase compared to the previous year. This growth was significantly boosted by a 25.8% surge in revenue from imports, while domestic revenue saw a more modest 4.3% rise. Despite a 19.3% increase in refunds issued, net GST revenue grew by 7.3% to £2,10,909 crore, indicating a healthy fiscal position and sustained economic activity.
India's Goods and Services Tax (GST) collections for April 2026 stood at Rs 2,42,702 crore, marking a significant 8.7% year-on-year growth compared to April 2025. The latest official data reflects a steady rise in tax revenues, indicating improved compliance and sustained economic activity at the be
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India's GST collections in April 2026 amounted to £2,42,702 crore.
GST collections in April 2026 saw an 8.7% year-on-year growth compared to April 2025.
The significant growth in revenue from imports, which rose by 25.8%, was a major contributor to the April 2026 GST surge.
The net GST revenue in April 2026 was £2,10,909 crore, reflecting a 7.3% growth.
Yes, total refunds issued increased by 19.3% in April 2026, with domestic refunds seeing a particularly sharp rise of 54.6%.
States such as Punjab, Haryana, Maharashtra, and Karnataka recorded healthy growth in their post-settlement GST revenues.