Covid impact: June GST collection falls below Rs 1 trn-mark after 8 months

With reduction in caseload and easing of lockdowns, the e-way bills generated during June indicates recovery of trade and business, says govt

Goods and Services Tax (GST) collections for the month of June fell below Rs 1 trillion for the first time in months, government data released on Tuesday showed.

The gross GST revenue collected in the month of June is at Rs 92,849 crore. The collection dropped below Rs 1 trillion mark after posting above the mark for eight months in a row. GST collections moderated to a eight-month low of Rs 1.02 trillion in May. 

The revenues for the month of June 2021 are 2 per cent higher than the GST revenues in the same month last year.

The figures