Tag Archives: GST offset cess

NEW DELHI: Ministry of Finance sources have refuted the Comptroller and Auditor General’s (CAG) audit finding that the central government wrongly withheld Rs 47,272 crore of GST compensation cease intended for states, to say that temporary retention cannot be classified as a deviation. Days after the CAG indicated that the …

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 …