Comparative Analysis of Goods and Services Tax Collections in IndiaDuringCOVID-19

Abstract

The COVID period is a good lesson to all the categories of society. It is not an exception to the
government too. In connection with the collection of revenues in the form of taxes become difficult for
the concerned authorities during the pandemic. The collection of Goods and Services Tax (GST)
would too be impacted due to the coronavirus spread in the country, this leads the disruptions in the
production and economy. In our country, the federal governments are dependent on the collections of
indirect and direct taxes. In relation to GST both the governments, central and state lost a lot of
revenue collection with the pandemic situation, all most all majority of states got affected due to
shortage of revenue. The present paper is going to describe the comparative analysis of Goods and
Services Tax of Integrated Goods and Services Tax (IGST), Central Goods and Services Tax (CGST),
and State Goods and Services Tax (SGST) for the period of June 2020 to March 2021 with June 2019
to March 2020.