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HomeGST NEWSFebruary GST collections see impact of coronavirus outbreak, net Rs 98,000 crore

February GST collections see impact of coronavirus outbreak, net Rs 98,000 crore

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GST collection in the February ‘2020 has seen a downfall of Rs.98,000Crore so far till 30 th March, 2020. In comparison to this, last year GST collection was around Rs 97,000 crore. However, government has also said that almost all the collections of the February month to be recorded in March have already come. The reduction in imports led to a decline in IGST collections, which pulled the number lower. MS Mani, tax partner at Deloitte India had said that the GST collections over the past few months have been in the range of Rs 1 lakh crore per month and the collections reported for March would hopefully continue that trend
https://www.cnbctv18.com/economy/february-gst-collections-see-impact-of-coronavirus-
outbreak-net-rs-98000-crore-5587321.htm.

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