Due to COVID-19 epidemic and nationwide lockdown, the GST Collections for the M/o Apr 2020 has dipped to Rs. 28309 Cr. showing the decline in Significant Economic Slowdown.
GST Collections are set to fall drastically in the m/o April & May 2020. The impact also evident from the steep reduction in E-way Bills generated by 30% in march and by over 80% in April as per Sources
Such an steep fall is having a telling effect on the economic situation, shows the limited revenue from the Essential supplies only.