GST Collections Reveal Impact of Rate Cuts; Experts Uncover Stable Demand, Import Growth in November
economy
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CNBC TV18•01/12/2025
GST Collections Reveal Impact of Rate Cuts; Experts Uncover Stable Demand, Import Growth in November
- •GST collections for November 2025 at ₹1.70 lakh crore.
- •Experts say moderation was expected after GST rate cuts.
- •Despite lower collections, demand remains firm and GDP growth strong.
- •Refunds are accumulating in sectors with inverted duty structures.
- •Imports saw IGST growth of over 10%.
Why it matters: GST trends affect government revenue and may impact future tax policies and public spending.
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