GST revenue growth slowed to 8.5% in November from 8.9% in October.
Gross receipts were ₹1.82 lakh crore, down from ₹1.87 lakh crore.
Despite the festive season, growth was weaker, especially in some major states.
Domestic transactions saw a 9.4% increase in tax collections.
Tax revenue from imports grew by 5.9%.
Net GST revenues, after refunds, grew faster at 11.1%, reaching ₹1.63 lakh crore.
Refunds for domestic transactions fell sharply by 19.6%, easing the overall revenue slowdown.
Export-related refunds grew by 6.8%.
The reduction in refunds helped boost net revenue growth.
15 major states saw slower growth, with 7 reporting a decline in tax collections.
States like Arunachal Pradesh, Andhra Pradesh, and Chhattisgarh experienced significant revenue contractions.
High-growth states included Sikkim, J&K, Delhi, and Maharashtra.
Experts expect further slowdown in the coming months due to global uncertainties and consumer spending cuts.
Slower growth in major manufacturing states like Andhra Pradesh and Rajasthan is seen as concerning.
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