GST collection for June falls to Rs 92,849 crore, lowest in 10 months

The economic impact the 'second wave' of Covid-19 showed on Goods and Service Tax (GST) as collections for June 2021 fell to Rs 92,849 crore, the Finance Ministry said on July 6. This is the first time in nine months that monthly GST collections have slipped below the Rs 1 lakh crore mark. The last time this happened was in September 2020, when GST collections were Rs 95,480 crore. The June 2021 c…