November GST Collection Dips to Rs 1.7 Lakh Crore, Lowest Since February 2024

New Delhi, December 1, 2025 — India’s Goods and Services Tax (GST) collection for November stood at ₹1.7 lakh crore, marking the lowest monthly revenue recorded since February 2024. The dip has raised concerns over slowing consumption and uneven economic recovery across key sectors.

Experts believe the decline is mainly due to reduced festival demand, lower imports, and cautious spending by consumers and businesses. While the government remains optimistic about recovery in the coming months, economists say sustained growth in tax collections will be crucial for meeting fiscal targets.

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