One day after the Center announced that it would borrow Rs 1.1 lakh crore on behalf of the states, to the relief of the states as they now do not have to borrow to pay the GST compensation deficit, Finance Minister Nirmala Sitharaman He wrote everyone affirms explaining the change …
Read More »GST Compensation Cessation: Facility used GST Compensation Cessation elsewhere, violated law: CAG
NEW DELHI: The CAG discovered that the Union government in the first two years of the GST implementation erroneously withheld Rs 47,272 crore of GST compensation cease It was specifically intended to be used to compensate the states for lost income. In his audit report on the government accounts, the …
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