GST revenue reaches record ₹2.43 lakh crore in April 2026, driven by imports
India's Goods and Services Tax (GST) revenue hit an all-time high of ₹2.43 lakh crore in April 2026, marking an 8.7% increase over the previous year. This surge was primarily attributed to a nearly 26% growth in collections from imports, while domestic sales collections grew at a slower rate of 4.3%. Tax experts noted that April collections, reflecting March activity, typically peak due to financial year-end targets. Despite global uncertainties, this performance indicates a resilient GST regime, with net collections standing at ₹2.11 lakh crore after refunds.
Key Points
- GST revenue for April 2026 reached an all-time high of ₹2.43 lakh crore, showing an 8.7% year-on-year growth.
- The significant growth was largely attributed to a nearly 26% increase in collections from imports.
- Domestic sales collections grew at a slower rate of 4.3% to ₹1.85 lakh crore.
- April collections typically peak due to financial year-end targets and industry's final push.
- Net collections, post-refunds, stood at ₹2.11 lakh crore, up 7.3% from April last year.
Exam Facts
- April 2026 GST collection: ₹2.43 lakh crore.
- Year-on-year growth: 8.7%.
- Gross collections from imports grew nearly 26% to ₹57,580 crore.
- Net collections in April 2026: ₹2.11 lakh crore.
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