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April's GST collection falls 87% to Rs 5934 cr

April's GST collection falls 87% to Rs 5934 cr

The data primarily pertains to activities in March, which had only a few days under the Covid-19 lockdown. For April , hence, CGST collections could be much lower, fear analysts.

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.

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