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GST Revenue Collection for June 2021

Ministry of Finance has declared the gross GST Revenue details on 6th July 2021 for the month of June 2021. The gross GST revenue collected in the month of June 2021 stood at Rs. 92,849 crores.

GST collection after posting above Rs. 1 lakh crore mark for eight months in a row, the collection in June’2021 dropped below Rs. 1 lakh crore. The GST collection for June’2021 is related to the business transactions made during May’2021. During May’2021, most of the States/UTs were under either complete or partial lock down due to COVID. The e-way bill data for the month of May 2021 shows that during the month, 3.99 crore e-way bills were generated as compared to 5.88 crore in the month of April 2021, down by more than 30%. However, the revenues for the month of June 2021 are 2% higher than the GST revenues in the same month last year.

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