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Page 11 - Gst Compensation

Automobile slowdown has shrunk GST compensation kitty, says Sushil Modi

The fund is used to compensate the states for revenue shortfall suffered due to roll out of the new indirect tax

Automobile slowdown has shrunk GST compensation kitty, says Sushil Modi
Updated On : 06 Dec 2019 | 11:39 PM IST

Kerala threatens to take Centre to SC over delay in payment of GST dues

The issue could become a major one at the GST Council meeting on December 17-18 in New Delhi

Kerala threatens to take Centre to SC over delay in payment of GST dues
Updated On : 04 Dec 2019 | 11:04 PM IST

FM Sitharaman assures states of releasing GST compensation dues soon

Sitharaman on Wednesday said the Centre was duty bound to safeguard the interest of states

FM Sitharaman assures states of releasing GST compensation dues soon
Updated On : 04 Dec 2019 | 9:07 PM IST

State FMs meet Sitharaman, express concern over delay in GST compensation

Speaking to reporters after the meeting, Punjab Finance Minister Manpreet Singh Badal said, August and September compensation has not been released to states.

State FMs meet Sitharaman, express concern over delay in GST compensation
Updated On : 04 Dec 2019 | 1:30 PM IST

GST and compensation cess review on cards as collections fall short

If states' GST revenue does not grow by at least 14%, the Centre pays them the difference, after every two months

GST and compensation cess review on cards as collections fall short
Updated On : 04 Dec 2019 | 2:28 AM IST

States' fiscal health falling apart over shortfalls in GST compensation

States are indeed facing shortage in cash flow to run the administration and finance their schemes, as well as capital spending

States' fiscal health falling apart over shortfalls in GST compensation
Updated On : 23 Nov 2019 | 1:00 AM IST

GST compensation delay: States considering legal action against Centre

Central govt official says will release funds before end of this month

GST compensation delay: States considering legal action against Centre
Updated On : 21 Nov 2019 | 1:22 AM IST

GST compensation to states slumps 20% to Rs 119 bn in Aug-Sept

The government collected a record Rs 1007.1 billion from Goods and Services Tax (GST) in the month of October

GST compensation to states slumps 20% to Rs 119 bn in Aug-Sept
Updated On : 11 Nov 2018 | 12:10 PM IST

States issued Rs 283.98 bn as GST compensation till Dec: Arun Jaitley

As per the Budget estimates, over Rs 9.26 trillion was to be collected from indirect taxes

States issued Rs 283.98 bn as GST compensation till Dec: Arun Jaitley
Updated On : 13 Mar 2018 | 5:43 PM IST

11 states to require GST compensation of Rs 9,500 cr in FY18: India Ratings

States will get full compensation for the first five years of GST roll-out

11 states to require GST compensation of Rs 9,500 cr in FY18: India Ratings
Updated On : 22 Aug 2017 | 12:49 AM IST