This jump marks a significant rise from last year’s ₹2.23 lakh crore collected in April 2025. The import-related GST revenue alone accounted for ₹57,580 crore, showcasing how trade activities are influencing the economy.

But it’s not all smooth sailing. Signs of softening domestic demand have emerged, raising questions about the sustainability of this growth. Domestic revenue still saw a year-on-year increase of 4.3%, totaling ₹1.85 lakh crore, but the overall economic landscape appears mixed.

Key statistics:

• GST collection reached ₹2.43 lakh crore in April 2026.
• Imports saw a 25.8% increase compared to last year.
• The import-related GST revenue was ₹57,580 crore.
• Domestic revenue rose by 4.3%, totaling ₹1.85 lakh crore.
• Total refunds issued increased by 19.3%, reaching ₹31,793 crore.
• Domestic refunds grew by 54.6%, while export refunds fell by 14%.

This uptick in GST collection reflects the ongoing dynamics of India’s import trade and its impact on economic growth. Historical data shows that back in April 2022, GST collections were only at ₹1.67 lakh crore, indicating a robust upward trajectory over the past few years.

As authorities analyze these trends, they face challenges ahead — particularly concerning domestic demand and the refund process, which has seen fluctuations recently. Observers are keenly watching how these factors will play out in the coming months as India navigates its economic path forward.

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