GST collections in June fall to Rs 99,939 cr, down from Rs 1 trn in May

In signs of sluggish momentum in tax collections, Goods and Services Tax (GST) receipts in June fell to Rs 99,939 crore, down from over Rs 1 trillion in the previous month, the finance ministry said Monday.

While the GST collections in June were lower than Rs 1,00,289 crore in May, they were higher than Rs 95,610 crore receipts in the same month of the previous year.

The collections comprise of receipts by both the centre and state governments of GST, which had two years back amalgamated 17 different indirect tax levies.

"The total gross GST revenue collected in the month