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The Maha hit to GST as stricter restrictions kick-off in the state

Apr 15, 2021 11:06 IST | By Editorji News Desk

Experts peg there could be a 20% hit on GST collections due to localised lockdown imposed in Maharashtra. 

Experts see the immediate impact of the Janta Curfew to be felt by auto, cement and other manufacturing led sectors. 

As per govt data Maharashtra contributed over 18% of the pie in total GST collection in March , adding Rs 17,038 crore to the GST kitty. Maharashtra contributes over 14% to the national tally of GDP as well.