July GST collections likely to be around Rs 90,000 crore

GST collections may come in as a surprise for the government as collections for the month of July are likely to be lower on both year-on year basis and a month-on-month basis. Sources told CNBC-TV18 that collections may range between Rs 89,000 crore and Rs 91,000 crore for July which are to be reported in August, reports Timsy Jaipuria. Last year the GST collections for July stood at over Rs 94,00…