FY21 GST revenue inches close to FY20 collection despite Covid disruptions

Business Today

Goods and Service Tax (GST) revenue in the current financial year, which has shown good resilience in the last couple of months, is slowly inching near the FY20 collection despite heavy disruption witnessed during the initial months of the fiscal due to Covid-led lockdown.  GST collections had plummeted by more than 50 percent year on year (YoY) during the lockdown months of April and May las…

Sign in to read the full article

Create a free account or sign in to access the complete content.