https://www.taxtmi.com/article/detailed?id=15541 Gross GST collections for November 2025 increased 0.7% to Rs 1,70,276 crore despite 8% H1 GDP growth because GST depends on consumption while GDP gains were driven by government spending, investment and trade. GST 2.0 rate reductions have produced or worsened an inverted duty structure in sectors including packaging, farming and pharma; taxpayers filed inverted duty refund claims in November 2025, expected to be sanctioned in December 2025, and those refund outflows, combined with subdued consumption, affect net GST receipts and fiscal balance. en-us Wed, 03 Dec 2025 08:57:57 +0530 Wed, 03 Dec 2025 08:57:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15541 Gross GST collections for November 2025 increased 0.7% to Rs 1,70,276 crore despite 8% H1 GDP growth because GST depends on consumption while GDP gains were driven by government spending, investment and trade. GST 2.0 rate reductions have produced or worsened an inverted duty structure in sectors including packaging, farming and pharma; taxpayers filed inverted duty refund claims in November 2025, expected to be sanctioned in December 2025, and those refund outflows, combined with subdued consumption, affect net GST receipts and fiscal balance. Articles Goods and Services Tax - GST Wed, 03 Dec 2025 08:57:57 +0530 https://www.taxtmi.com/article/detailed?id=15541