Tag Archives: Consolidated Fund of India

According to the CAG audit, the Union government collected Rs 95,081 crore as GST compensation assignment in 2018-19, but only transferred Rs 54,275 crore to the GST compensation fund. The Union government violated the GST Compensation Cessation Act, 2017, by wrongly withholding Rs 47,272 crore in the Consolidated Fund of …

The CAG released its report on Wednesday. In its report on the Union government accounts, presented Wednesday, CAG said the short credit was a violation of the GST Offset Act of 2017. News18.com Last update: September 25, 2020 9:21 AM IST FOLLOW US: Finance Minister Nirmala Sitharaman, citing the opinion …