July GST collections likely to fall below monthly average

It is yet again going to be a tough month of revenue receipts for the central government as goods and services tax (GST) collections are likely to fall below the monthly average of Rs 1.14 lakh crore. According to officials, “GST collections for July are subdued and as of date the collections have crossed Rs 90,000 crore mark.” GST Collections had dipped below the notional Rs one lakh crore mark f…