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India’s GST revenue rose 0.7% YoY in November 2025, with economy growing at 8.2% in Q3.
India's GST collections reached ₹1.70 lakh crore in November 2025, a 0.7% year-on-year increase, with net revenue up 1.3% to ₹1.52 lakh crore.
Import-related IGST rose 10.2% to ₹45,976 crore, while domestic revenue fell 2.3% due to lower tax rates effective September.
Refunds declined 4% overall, with export refunds rising 3.5%.
Year-to-date net GST revenue grew 7.3% to ₹12.79 lakh crore.
The economy expanded at 8.2% in Q3, maintaining an 8% average for the first half of FY25-26, reinforcing India’s status as the world’s fastest-growing major economy.
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Los ingresos por GST de la India aumentaron un 0,7% interanual en noviembre de 2025, mientras que la economía creció un 8,2% en el tercer trimestre.