In a recent statement made by the Ministry of Finance on Wednesday, May 1, it was announced that the Goods and Services Tax (GST) revenue collection for April 2024 has reached an unprecedented high, soaring to Rs 2.10 lakh crore. The GST collections breach the landmark figure of ₹2 lakh crore for the first time. The data revealed a 12.4% year-on-year growth in gross revenue, with net revenue (after refunds) standing impressively at ₹1.92 lakh crore, showcasing a notable 17.1% year-on-year growth.