Govt sees GST slump due to pandemic, May collections likely to drop 30% vs April

Times Now News

New Delhi:  The second covid-19 wave ravaging the Indian economy is set to have an impact on the central government's revenue collections as well. Sources tell ET Now that GST collections for the month of May and June are likely to be severely impacted due to the lockdown imposed by several states to contain the spread of the virus.  The Goods and Services Tax collections are likely to s…

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