This decision by the epidemic / states has dealt a major blow to the Modi government, which has seen a sharp decline in GST revenue in May.
Due to lockdowns and other restrictions, the government's GST revenue fell to Rs. 1.02 lakh crore.
- GST revenue is Rs. 1.02 lakh crore
- GST revenue has declined due to major restrictions
- GST had record-breaking revenue in April
The government's GST collection was reduced in May. According to figures released by the finance ministry, the government has received Rs. 1,02,709 crore, though much less than in April. The second wave of Corona was followed by restrictions such as dropdowns and lockdowns in various parts of the country, which affected the collection in May.
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