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HomeGST NEWSCentre urged to release pending GST payments to tide over financial crisis

Centre urged to release pending GST payments to tide over financial crisis

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The extension of lockdown period may further worsen the situation. The GST collection this April was around Rs 400 crore when compared to Rs 1,951.66 crore in the corresponding period last year. The Finance Minister Isaac Thomas had demanded from the Centre to release pending GST payments. He had also said that central assistance was imperative for the state to meet its regular expenses and fund Covid-19 control measures.The centre sanctioned Rs 894.53 crore as against the state’s expectation of Rs 1,269.72 crore.

https://www.newindianexpress.com/states/kerala/2020/may/03/centre-urged-to-release-pending-gst-payments-to-tide-over-financial-crisis-2138452.html

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