February GST collections see impact of coronavirus outbreak, net Rs 98,000 crore

The impact of the novel coronavirus outbreak has been felt in the collection of the Goods and Services Tax (GST) for February, with the government collecting Rs 98,000 crore so far (till March 30, 2020), sources said. The collections are likely to remain around Rs 1 lakh crore and will be significantly short of the Rs 1.25 lakh crore the government had targetted in light of an uptick in economic a…