GST revenue collection crosses Rs 2.10 lakh crore in April
Net Revenue (after refunds) stood at Rs 1.92 lakh crore; with 15.5% y-o-y growth.

The Gross Goods and Services Tax (GST) collections hit a record high in April 2024 at Rs 2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%). After accounting for refunds, the net GST revenue for April 2024 stands at Rs 1.92 lakh crore, reflecting an impressive 15.5% growth compared to the same period last year.
Inter-Governmental Settlement: In April 2024, the central government settled Rs 50,307 crore to CGST and Rs 41,600 crore to SGST from the IGST collected. This translates to a total revenue of Rs 94,153 crore for CGST and Rs 95,138 crore for SGST for April 2024 after regular settlement.
Join PSU Connect on WhatsApp now for quick updates! Click here

- Central Goods and Services Tax (CGST): Rs 43,846 crore;
- State Goods and Services Tax (SGST): Rs 53,538 crore;
- Integrated Goods and Services Tax (IGST): Rs 99,623 crore, including Rs 37,826 crore collected on imported goods;
- Cess: Rs 13,260 crore, including Rs 1,008 crore collected on imported goods.
The respective collection breakdown is for April month. Moreover, Gross Revenue recorded 12.4% y-o-y growth in FY24-25.
Read Also : SAIL Environment Management Division honoured for environmental protection