June GST collection may miss Rs 1 lakh crore-mark for first time in eight months

Business Today

The Goods and Services Tax (GST) collection in June may miss the Rs 1 lakh crore-mark for the first time in last eight months due to the disruptions caused by the second wave of COVID-19 pandemic, which led to imposition of localised lockdowns across the nation. E-way bill data for May indicates subdued supply due to lockdown restrictions in the month, which will have a bearing on June revenue. Ju…

Sign in to read the full article

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