GST revenue collection rises 25% to Rs 1.30 lakh crore in November



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Gross GST revenue collection in November reached an impressive £1.30 lakh crore, marking a significant 25% rise compared to the same period last year. This figure represents the second-highest collection since the Goods and Services Tax was implemented, reflecting a strong economic recovery. The growth is attributed to improved compliance, enhanced tax enforcement, and various administrative measures aimed at streamlining the tax system.

Rs 1,31,526 crore gross GST revenue collected in November GST collection for November,2021 surpassed last month collection registering the second highest since implementation of GST Revenues for the month of November 2021, 25% higher than the GST revenues in the same month last year and 27% over 2019-20 The gross GST revenue collected in the month of November 2021 is Rs 1,31,526 crore of which CGST is Rs 23,978 crore, SGST is Rs 31,127 crore, IGST is Rs 66,815 crore (including Rs 32,165
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FAQ :

The gross GST revenue collected in November 2021 was £1,31,526 crore.

GST revenues for November 2021 were 25% higher than in November 2020.

It was the second-highest GST collection ever recorded, surpassed only by April 2021.

The increase is due to improved compliance, enhanced tax enforcement using IT tools, and administrative measures like auto-population of returns and blocking of e-way bills for non-filers.

Revenues from the import of goods were 43% higher, while revenues from domestic transactions were 20% higher compared to the same month last year.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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