New Delhi: Gross GST collections grew 8.5 percent to over Rs 1.82 lakh crore in November on account of increased sales spurred by the festive season.
The Central GST collection stood at Rs 34,141 crore, State GST at Rs 43,047 crore, Integrated IGST (Rs 91,828 crore) and cess (Rs 13,253 crore), according to government data released on Sunday.
The total gross Goods and Services Tax (GST) revenue grew 8.5 percent to over Rs 1.82 lakh crore in November as compared to Rs 1.68 lakh crore in the same month a year ago, it said.
In October, GST collections of Rs 1.87 lakh crore were the second-best GST mop-up with 9 percent annual growth. The highest-ever collection was in April 2024 at over Rs 2.10 lakh crore.
During the month under review, GST from domestic transactions grew 9.4 percent to Rs 1.40 lakh crore, while revenues from tax on imports rose about 6 per cent to Rs 42,591 crore.
Refunds worth Rs 19,259 crore were issued during the month, registering 8.9 percent decline over the year-ago period.
After adjusting refunds, net GST collection increased by 11 percent to Rs 1.63 lakh crore.
