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India GST collections hit record Rs 2.42 lakh crore in April driving 8.7% growth
Economy
Published on 1 May 2026
Big jump powered by unusually strong import inflows
India’s gross GST collections hit a record Rs 2.42 lakh crore in April, rising 8.7% year-on-year. The month’s jump points to steady economic momentum, with a notable contribution from higher import revenues. The scale of collections adds another signal to monitor how consumption, trade, and compliance are shaping monthly tax receipts.
- Gross GST collections in April reached a record Rs 2.42 lakh crore
- Collections grew 8.7% compared with the same month last year
- Import revenues played a major role in the rise
- The numbers suggest continued strength in underlying economic activity
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times