India's Goods and Services Tax (GST) collection in November 2025 stood at Rs 1.70 lakh crore, marking a marginal 0.7% year-on-year growth—the slowest in 12 months. The slowdown is attributed to recent GST rate cuts on numerous items and mixed state-level performances, with import GST showing robust growth.
The gross GST collections for November 2025 were recorded at Rs 1,70,276 crore, reflecting a modest 0.7% increase compared to the same month last year. This growth rate is the lowest in the past year, following the government’s rationalisation of GST rates announced on September 22, which reduced tax slabs and cut rates on hundreds of goods including soaps and small cars.
Domestic GST collections saw a slight decline of 2.3% year-on-year, while GST from imports surged by 10.2%, contributing to the overall positive growth. The net GST revenue, after refunds, stood at Rs 1,52,079 crore, up 1.3% from last year. Export refunds rose 3.5%, while domestic refunds dropped 12%. The compensation cess revenue fell sharply by 69%, reflecting ongoing changes in tax structures.
State-wise, GST collections showed varied trends: northeastern states such as Arunachal Pradesh, Nagaland and Assam posted strong gains, but larger states like Gujarat, Tamil Nadu, Uttar Pradesh, and Madhya Pradesh saw reductions. The government continues to ensure timely refunds, supporting liquidity in the business ecosystem despite revenue pressure.
Key Highlights:
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November 2025 GST collections at Rs 1,70,276 crore, up 0.7% YoY, slowest growth in 12 months
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Domestic GST revenue slipped 2.3% YoY; import GST jumped 10.2% YoY
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Net GST revenue post refunds: Rs 1,52,079 crore, a 1.3% YoY rise
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Export refunds increased by 3.5%, domestic refunds declined by 12%
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Compensation cess revenue dropped 69% year-on-year
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Mixed state performances with strong growth in northeast, declines in major states
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Continued government focus on timely GST refunds to support business liquidity
Sources: Economic Times, Hindustan Times, Times of India, ANI News