GST collections to drop 20% in May due to state lockdown-like curfews, say experts

Goods and service tax (GST) collections could see a dip of 10-20% in May as  Maharashtra  - the largest state contributor to  GST  - and Madhya Pradesh enforce lockdown-like curfew rules even as other states have imposed night curfews to control the rising number of  Covid  cases.  "With closed shops, businesses, supply-chain bottlenecks, restricted movements etc…