Tuesday, September 15, 2020

GST Compensation due to States at Rs 1.51 lakh crore, reasons for revenue shortfall: Centre to Lok Sabha [Read Reply]

The Minister of State for Finance Anurag Singh Thakur said on Monday the GST collection during April-August declined on account of COVID-19 induced lockdown, and the compensation due to states stands at over Rs 1.51 lakh crore. The provisional GST compensation due to states/UTs for 2020-21 was highest for Maharashtra at Rs.22,485 crore, followed by […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3hxN0gS

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