GST Collection Slows to Rs 1.70 Lakh Cr in November
x
Gross GST collection rose 0.7% to Rs 1.70 lakh crore in November. Domestic revenues declined 2.3% after GST rate cuts.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Dec 1 (PTI) Gross GST collection rose at a slower pace of 0.7 per cent in November at Rs 1.70 lakh crore, as domestic revenues declined, according to the government data released on Monday.
Gross Goods and Services Tax (GST) collection was over Rs 1.69 lakh crore in November 2024.
Gross domestic revenues declined 2.3 per cent to over Rs 1.24 lakh crore.
The decline follows the reduction of GST rates for 375 items, effective September 22.
Revenues from the import of goods grew 10.2 pc to Rs 45,976 crore in November.
Gross Goods and Services Tax (GST) collection was over Rs 1.69 lakh crore in November 2024.
Gross domestic revenues declined 2.3 per cent to over Rs 1.24 lakh crore.
The decline follows the reduction of GST rates for 375 items, effective September 22.
Revenues from the import of goods grew 10.2 pc to Rs 45,976 crore in November.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone-Idea-L
- 10.29 ( -4.72)
- 71162549
- Spicejet-Ltd
- 32.50 (+ 4.47)
- 59158929
- Alstone-Textiles
- 0.30 ( 0.00)
- 37245425
- Sunshine-Capital
- 0.25 ( 0.00)
- 25623281
- G-V-Films
- 0.63 ( -4.55)
- 21918363
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback