GST collections hit record ₹2.43 lakh crore in April, up 8.7% YoY; import-led surge masks weak domestic growth - Fortune India

India’s Goods and Services Tax (GST) collections touched a record high in April 2026, signalling resilience in economic activity despite global uncertainties. Gross GST revenue rose 8.7% year-on-year to ₹2,42,702 crore, compared with ₹2,23,265 crore in April 2025, according to official data released on May 1. After accounting for refunds, net GST collections stood at ₹2,10,909 crore, marking a 7.3…