Business Standard

Covid-19 crisis: Central GST collection falls 87% in April amid lockdown

The dip in revenue collections is being attributed to the country being put under lockdown to contain the coronavirus from March 24 and return filing being deferred

GST, TAX
Premium

The CGST stood at Rs 19,183 crore and SGST at Rs 25,601 crore in March.

Indivjal Dhasmana New Delhi
Central goods and services tax (CGST) collection stood at Rs 5,934 crore in April, a fall of 87 per cent compared with the Rs 46,848 crore collected in the same month last year, according to the official data.
 
The data primarily pertains to activities in March, which had only a few days under the Covid-19 lockdown. For April , CGST collection could be much lower, fear analysts.
 
CGST is levied on intra-state supply of both goods and services by the central government. The slowdown in revenue collections could be attributed to the nationwide lockdown and the deferment of

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 30 2020 | 1:43 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com