Domestic collections as a percentage of the total rose from 73 percent in FY2018 to about 76 percent in YTD FY2025
The move, experts said, would help increase Goods and Services Tax collections in August as pending GST returns are expected to be filed.
Over Rs 12.40 lakh crore were generated by businesses and transporters during June.
In another notification, the CBIC has granted time till June 30 for rejecting refunds where the time limit for issuance of order falls between March 20 and June 29, 2020.
Moneycontrol's Gaurav Choudhury shares his insight on what this means for the economy
"It does indicate a revival in economic activity to some level. We have witnessed increased vehicular movement from May 18 onwards as the home ministry relaxed the guidelines," said Mahesh Jaising, Partner, Deloitte India.