The state of Tamil Nadu had earlier raised objection against borrowing option to meet compensation cess shortfall. Now, the state has agreed for opting under Option 1. He further said that the assumption of 10% growth in the option 1 is highly unrealistic.Jayakumar also said that till July 2020, Rs 12,258.94 crore of GST compensation was due to the state.
Our Newsletter
Keep up on our always evolving product features and technology. Enter your e-mail and subscribe to our newsletter.
Latest
GST on Services provided by Charitable trusts registered under section 12A of Income Tax Act, 1961
Swayam, In re
Ruling by: Authority for Advance Ruling,...
Association of Inner Wheel Clubs of India, In re [11/WBAAAR/2018]
Ruling by: Appellate Authority for Advance Ruling, West Bengal
Facts
The...
Popular
GST on Services provided by Charitable trusts registered under section 12A of Income Tax Act, 1961
Swayam, In re
Ruling by: Authority for Advance Ruling,...
Association of Inner Wheel Clubs of India, In re [11/WBAAAR/2018]
Ruling by: Appellate Authority for Advance Ruling, West Bengal
Facts
The...
© 2024 Gstindiaguide.com