Back to Revenue Overview
Monthly GST Revenue Report

GST Revenue November 2025 — ₹1.81 Lakh Crore

November 2025 GST collections reached ₹1,81,200 Crore — 9.8% YoY growth driven by festive season spillover, e-commerce sales momentum, and robust auto sector performance.

₹1.81L Cr
Total Revenue
+9.8%
YoY Growth
Maharashtra
Top State
Nov 2025
Period

Revenue Component Breakup

CGST
₹32,800 Cr
18.1% of total
SGST
₹41,600 Cr
23.0% of total
IGST
₹93,800 Cr
51.8% of total
Cess
₹13,000 Cr
7.2% of total

6-Month Trend

Jun 2025
1.61L Cr
+8.2%
Jul 2025
1.65L Cr
+8.9%
Aug 2025
1.68L Cr
+9.1%
Sep 2025
1.73L Cr
+9.5%
Oct 2025
1.84L Cr
+10.1%
Nov 2025
1.81L Cr
+9.8%

Top Contributing States

#StateCollection (₹ Cr)Share (%)
1Maharashtra31,80017.5%
2Karnataka16,2008.9%
3Gujarat14,9008.2%
4Tamil Nadu13,6007.5%
5Uttar Pradesh12,8007.1%
6Haryana10,1005.6%
7West Bengal8,4004.6%
8Telangana8,1004.5%

Key Growth Drivers

🪔

Festive Season (Diwali)

Diwali fell in late October/early November 2025, driving massive consumer spending on electronics, appliances, apparel & gold.

🛒

E-Commerce Sales

Amazon Great Indian Festival & Flipkart Big Billion Days extended into November — record GMV across platforms.

🚗

Auto Sector Festive Push

Auto sales peak in Navratri-Diwali corridor — November registrations included festive booking deliveries.

🏠

Real Estate Registration

Festival period traditionally sees spike in property registrations — stamp duty + GST on under-construction.

🏭

B2B Year-End Orders

Companies placing H2 procurement orders before calendar year-end — industrial goods, IT hardware.

🔍

Anti-Evasion Drives

DGGI conducted 2,100+ enforcement actions in Q3 FY26, recovering ₹8,200 Cr in detected evasion.

November — Year-on-Year Comparison

PeriodCollection (₹L Cr)YoY Change
Nov 20221.46L Cr
Nov 20231.68L Cr+15.1%
Nov 20241.65L Cr-1.8%
Nov 20251.81L Cr+9.8%

Frequently Asked Questions

What was India's GST revenue in November 2025?

India's gross GST collection for November 2025 (collections on October 2025 transactions) was ₹1,81,200 Crore — a 9.8% year-on-year growth compared to ₹1,64,882 Cr in November 2024. Breakup: CGST ₹32,800 Cr, SGST ₹41,600 Cr, IGST ₹93,800 Cr (including ₹44,100 Cr on imports), Compensation Cess ₹13,000 Cr. While slightly lower than October 2025's record ₹1.84L Cr, November maintained strong momentum driven by festive season aftermath and e-commerce.

Why was November 2025 GST lower than October 2025?

November 2025 (₹1.81L Cr) was marginally lower than October 2025 (₹1.84L Cr) — this is normal seasonality. October collections reflect September transactions (pre-Diwali stocking + advance purchases), while November reflects October transactions (actual Diwali sales). The slight dip occurs because: (1) October is peak buying month (Navratri + Dhanteras + Diwali itself); (2) November has fewer festive triggers post-Diwali; (3) Credit note adjustments for festive returns. Despite the sequential dip, YoY growth remained strong at 9.8%.

Which states contributed most to November 2025 GST?

Maharashtra led with ₹31,800 Cr (17.5% of total), followed by Karnataka ₹16,200 Cr (8.9%), Gujarat ₹14,900 Cr (8.2%), Tamil Nadu ₹13,600 Cr (7.5%), and Uttar Pradesh ₹12,800 Cr (7.1%). Top 5 states contributed ~49% of total collections. Notable: Haryana's ₹10,100 Cr reflects Gurugram's services economy + auto manufacturing. West Bengal's ₹8,400 Cr showed 14% YoY growth (festive consumption + Durga Puja spillover).

How does the festive season impact GST revenue?

The festive season (October-November) is India's peak consumption period, accounting for ~18-20% of annual retail sales. GST impact pathway: (1) September-October: Manufacturers stock-up → IGST on inter-state movement spikes; (2) October: Retail sales peak (Navratri, Dhanteras, Diwali) → B2C collections surge; (3) November: E-commerce festive sales extend + post-Diwali clearance sales; (4) December: Returns/credit notes settle. The Oct-Nov 2025 combined collection of ₹3.65L Cr was the highest-ever 2-month festive corridor — up 10% vs Oct-Nov 2024 (₹3.32L Cr).

What is DGGI's anti-evasion impact on GST revenue?

The Directorate General of GST Intelligence (DGGI) conducted 2,100+ enforcement actions in Q3 FY26 (Oct-Dec 2025), detecting ₹8,200 Cr in GST evasion. Methods: (1) Fake invoice detection using AI/ML — 5,400 entities identified with fake ITC; (2) Search & seizure operations targeting high-risk sectors (online gaming, real estate, metals); (3) GSTR-1 vs GSTR-3B mismatch auto-flagging; (4) Coordination with income tax department for cross-data matching. Impact: Voluntary compliance improving — return filing rate up to 89.2% from 83.1% in Nov 2023. Fear of detection + penalty is driving compliance.

Track Revenue Trends for Your Business

Compare your GST filing data against national trends — identify growth opportunities and compliance gaps.

Start Revenue Analytics