Goods and Services Tax (GST) collections for April 2025 have reached an impressive Rs 1.89 lakh crore, marking a significant 10.7% year-on-year growth. This surge, driven by increased economic activity and digital transactions, aligns with the Finance Minister's vision for a booming digital economy. While most states saw growth, some experienced declines, highlighting the need for improved revenue settlement mechanisms.
GST collections for April 2025 have reached an impressive Rs 1,89,803 crore, marking a 10.7% growth compared to Rs 1,71,433 crore in April 2024, according to the latest data released by the Ministry of Finance. This significant rise in domestic revenue aligns with Finance Minister Nirmala Sitharaman's ambitious vision to achieve 1 billion UPI transactions per day within the next 2-3 years, signaling robust growth in India's digital economy.
Breakdown of GST Collections for April 2025
The GST
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FAQ :
The total GST revenue collected in April 2025 was Rs 1,89,803 crore.
GST revenue grew by 10.7% in April 2025 compared to April 2024.
The GST collection comprised CGST (Rs 48,634 crore), SGST (Rs 59,372 crore), IGST (Rs 69,504 crore), and CESS (Rs 12,293 crore).
States like Arunachal Pradesh (66%), Meghalaya (50%), and Lakshadweep (287%) recorded the highest GST revenue growth rates.
A challenge noted was a 12% decline in post-settlement SGST figures due to an ad-hoc recovery for a negative IGST balance, and declines in states like Mizoram and Tripura.
The rise in GST collections reflects the increasing adoption of digital transactions, which supports the Finance Minister's vision of achieving 1 billion UPI transactions per day.