At 15%, GST kitty expands at fastest pace in 11 months

Goods and services tax (GST) collections rose 15.1% to Rs 1,67,929 crore in November due to strong domestic demand during festival season and compliance focus. Integrated GST (IGST) on imports grew 1.5% to Rs 39,198 crore, indicating a slowdown in goods shipment. Overall IGST collections rose 12.8% to Rs 87,000 crore, driven by inter-state transactions. Central and state GST collections showed strong domestic demand with the former growing 18.5% to Rs 30,420 crore.

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