https://www.taxtmi.com/news?id=63278 GST revenues fell to Rs 1.70 lakh crore in November following the move to two primary GST rates and the restriction of compensation cess to tobacco and pan masala, with compensation cess excluded from headline gross GST figures as a transitory measure tied to pandemic era loan repayment; taxable turnover rose year on year, net collections after refunds held at Rs 1.52 lakh crore, and state level and sectoral divergences underline the need for targeted policy responses. en-us Mon, 01 Dec 2025 20:01:03 +0530 Mon, 01 Dec 2025 20:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63278 GST revenues fell to Rs 1.70 lakh crore in November following the move to two primary GST rates and the restriction of compensation cess to tobacco and pan masala, with compensation cess excluded from headline gross GST figures as a transitory measure tied to pandemic era loan repayment; taxable turnover rose year on year, net collections after refunds held at Rs 1.52 lakh crore, and state level and sectoral divergences underline the need for targeted policy responses. News - Mon, 01 Dec 2025 20:01:03 +0530 https://www.taxtmi.com/news?id=63278