GST Collections dipped to Rs. 28309 Cr. in April 2020

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.

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