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Covid-19 impact: July GST collections down 14.6% YoY to Rs 87,422 cr
GST collections in July were 4 per cent lower than June 2020 as well
July GST collection tumbles 14% to Rs 87,422 cr as Covid-19 hits economy
The July collections, which is 84 per cent of last year's numbers, is however, a recovery from the months of April and May
E-way bill generation showing green shoots of economic recovery: GSTN
Network says June 30, the last day of Unlock 1.0, ended with generation of 1.83 million E-way bills worth over Rs 54,500 crore, which is the highest since lockdown was enforced
GST collection over Rs 1 trillion in July despite subdued CGST and SGST
However, the central and state portions remained subdued, posing a challenge for the revenue target for the financial year
GST: Rs 92,283 cr collected in July, compliance at 64.42%, says Jaitley
Of the 5.96 million eligible registrants, 3.84 million people filed returns