New Delhi, Dec. 2 -- Gross Goods and Services Tax (GST) revenue saw less than 1% annualized growth to Rs.1.70 lakh crore in November, the first full month after the tax rates were rationalised, with government officials and industry experts saying that the short-term moderation in collections was only to be expected-and pointing out that the fact that the revenue has not fallen on account of a major boost in consumption, which was also expected. The November collections were Rs.1,70,276 crore, compared to Rs.1,69,016 crore in November 2024, and it was the lowest in the first eight months of 2025-26. The lower GST rates kicked in from September 22, and November reflects actual business transactions in October, the first full month after the ...