Tag: Compensation cess
GST NEWS
Compensation cess to stay till States’ dues are met: Finance panel chief
Chairperson of the Fifteenth Finance Commission N.K. Singh said that compensation levy on GST might have to be extended till as late as 2025-26...
GST NEWS
GST Council still divided on States’ compensation
The GST Council has failed to reach a consensus on the issue of compensation cess. Finance Minister has said that Centre is ready to...
GST NEWS
Oppn states seek GST dues redress system
States not ruled by NDA are demanding that a dispute resolution system must be set up to tackle GST issues. They said that they...
GST NEWS
TN chooses option 1 for GST compensation after initial opposition
The state of Tamil Nadu had earlier raised objection against borrowing option to meet compensation cess shortfall. Now, the state has agreed for opting...
GST NEWS
Centre releases GST compensation of over 1.65 lakh crore to states, UTs for FY 2019-20
On Monday, the Centre had released Rs 1,65,302crores as Goods and Services Tax (GST) compensation to states/Union Territories for the financial year 2019-20 against...
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