GST Collection: Goods and Services Tax (GST) collection is likely to cross Rs 2 lakh crore in the month of November. The surprising thing is that despite the reduced GST rate and projections regarding revenue loss, there is an expectation of a jump in GST collection this month. In November last year, GST collection had reached Rs 1.82 lakh crore.
It was being estimated that after the change in indirect tax in the beginning of September, GST collection may be slightly less in the first few months. However, SBI Research, a think tank of State Bank of India, has said that the gross domestic GST collection with IGST and cess on imports can cross the Rs 2 lakh crore mark in November. After the 56th meeting of the Goods and Services Tax (GST) Council, new rates came into effect from September 22, under which many things used in common life became cheaper.
GST collection crosses Rs 2 lakh crore
A report by SBI Research said, “Our analysis shows that the gross domestic GST collection for November 2025 could reach about Rs 1.49 lakh crore, which is 68 percent more than last year. Also, with Rs 51,000 crore of IGST and import cess, the GST collection for November may cross Rs 2 lakh crore, which is due to the peak demand in the festive season due to lower GST rate and increased compliance. Many states are getting the benefit of this. “In credit cards, merchant categories like auto, grocery stores, electronics, furnishing and travel showed huge growth in the e-commerce channel, where 38 per cent of spend was on utilities and services, followed by supermarkets and grocery at 17 per cent and travel agents at 9 per cent.”
How much GST collection was done from which state?
- Jammu and Kashmir – 551 (25 October) – 584 (25 November)
- Himachal Pradesh – 722 (25 October) – 697 (25 November)
- Punjab – 2,311 (25 October) – 2637 (25 November)
- Uttarakhand – 1,604 (25 October) – 1751 (25 November)
- Haryana – 10,057 (25 October) – 11479 (25 November)
- Delhi- 8,538 (25 October) 9120 (25 November)
- Rajasthan – 4,330 (25 October) – 4883 (25 November)
- Uttar Pradesh – 9,806 (25 October) – 10412 (25 November)
- Bihar – 1,652 (25 October) – 1685 (25 November)
- Assam – 1,440 (25 October) – 1316 (25 November)
- West Bengal – 5,556 (25 October) – 4705 (25 November)
- Jharkhand – 2,518 (25 October) – 2654 (25 November)
- Odisha – 4,824 (25 October) – 4894 (25 November)
- Chhattisgarh – 2,598 (October 25) – 2471 (November 25)
- Madhya Pradesh – 3,449 (25 October) – 3672 (25 November)
- Gujarat – 12,113 (25 October) – 12348 (25 November)
- Maharashtra – 32,025 (25 October) – 37248 (25 November)
- Karnataka – 14,395 (25 October) – 13367 (25 November)
- Kerala- 2833 (25 October)- 2641 (25 November)
- Tamil Nadu- 11588 (October 25)- 10624 (November 25)
- Telangana – 5726 (25 October) – 7583 (25 November)
- Andhra Pradesh – 3490 (25 October) – 3082 (25 November)
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