GST Collections Breach Landmark Milestone of Rs. 2 Lakh Crores in April 2024 | Press Release
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- By Chetan Kulasri
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- Last Updated on 2 May, 2024
Latest from Taxmann
Press Release dated May 1st, 2024
The GST revenue collections hit a record high in April 2024 at Rs. 2.10 lakh crores. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions and imports.
After accounting for refunds, the net GST revenue for April 2024 stands at Rs. 1.92 lakh crores, reflecting an impressive 17.1% growth compared to the same period last year. In this regard, a press release has been issued by the Government.
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