Quote on GST collection numbers for April 2025 by Karthik Mani, Partner, Indirect Tax, BDO India
Below the Quote on GST collection numbers for April 2025 by Karthik Mani, Partner, Indirect Tax, BDO India
The gross GST Collections for April 2025 have scaled a new high of Rs. 2.37 lakh crores, against the previous high of INR 2.10 lakh crores in April 2024. The growth in GST collections for April is expected since GST on transactions during March, which is the last month of the fiscal year, is payable in April. Due to significant number of year end transactions which take place in March, traditionally, GST collections for April are significantly higher.
However, specifically for April 2025, another indicator, which led to anticipation of significantly high GST collections was the 20.2% growth in generation of e-way bills in March 2025, as per data in the monthly economic review for March 2025 released by the Department of Economic Affairs. This is since increase in e-way bills generation is typically correlated with higher economic activity and consequently, higher GST collections.
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