May 1, 2024
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GST revenue growth reaches record level, driven by higher domestic transactions and import collections after refunds.
Gross GST collections in April 2024 reached a record high with year on year growth driven by domestic transactions and imports; after refunds, net GST revenue showed higher percentage growth. The statement sets out component figures for CGST, SGST, IGST (including import receipts) and Cess, describes the IGST apportioned to CGST and SGST under inter governmental settlement, and provides state wise pre and post settlement SGST figures reflecting varied jurisdictional growth rates.