New Delhi, May 1 -- India's Goods and Services Tax (GST) collections began on a strong note in the new financial year, with gross revenues rising to Rs 2,42,702 crore in April 2026, registering an 8.7 per cent year-on-year growth.
The increase was largely supported by a sharp surge in import-related revenues, which jumped nearly 26 per cent, reflecting robust trade activity.
Domestic collections also showed steady growth of over 4 per cent, indicating stable consumption trends across the country.
Refunds during the month rose by over 19 per cent, with domestic refunds recording a particularly sharp increase.
This points towards improved efficiency in the refund process and quicker settlement of claims.
After accounting for refunds, net...