GST compensation due for all states, not just for some: FM


New Delhi, Dec 13 (IANS): Not only opposition-ruled states but other states also have not been paid GST compensation for the last four months since August this year.

Speaking in the Rajya Sabha, Finance Minister Nirmala Sitharaman admitted the delay but said that the Centre had released more than what it collected as cess in the current financial year 2019-20 till October-end.

"Till October 31 the Government of India has released Rs 9,783 crore more than the amount raised through cess," the Minister said.

 

She, however, said that government was committed to honour and give compensation to the states.

Replying to the members on the Appropriation (No. 3) Bill, 2019 for making supplementary expenditure, Sitharaman said that a total of Rs 55,467 crore had been collected as cess while Rs 65,250 crore was released to the states.

Several state finance ministers had earlier expressed concerns over delay in compensation delays for the months of August and September forcing them to resort to ways and means or even overdraft.

As many as nine states have complained of delay in GST compensation dues and appealed Centre to make timely payments as promised at the time of GST launch.

  

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Comment on this article

  • YOGI THUNTA, MANGALURU - NEAR PUMPWELL CIRCLE

    Fri, Dec 13 2019

    Which people elected this lady as their representative SHE IS VERY GOOD EXAMPLE OF ARROGANCE AND ATTITUDE !

    SHE GAVE DAMN TO ANYONE INCLUDING HER HUSBAND ! SHE ONLY CARES ABOUT HER "FAMILY BACKGROUND" NOTHING ELSE TAKE IT OR LEAVE IT !

    good going people elected this kind of people which country will witness in the coming days great going !! in the name of RELIGION and its side effects !

    DisAgree Agree [1] Reply Report Abuse

  • Deshbhakht, Mangalore

    Fri, Dec 13 2019

    If they could not manage the GST function, why did they impose unified tax system ? Why did they not let states collect their own tax ? The govt has withdrawn money to bail out industries. It has robbed RBI of its contingency funds. Where is all the money going ? To boot the bill of Modi's foreign trips ?

    Good. This had to happen and Bhakhts should realize the difference of an economist as a PM and as Gujju fake degree holder along with his crook friend PVC Pipe dealer as Home Minister.

    Abb Bhogtho !

    DisAgree [1] Agree [3] Reply Report Abuse

  • mohan, Mangalore

    Fri, Dec 13 2019

    Since last four months she is not given GST belongs to state..... then how states will function..... then states cannot give salary to employees... and cannot do any developments work.... and public will suffer...
    And this stupid finance minister telling that November month GST collection is above one lack crore. .. by keeping pending state GST...
    .literally this goberment after completion of 6 years rulling still dosent understand how to administrate ...

    DisAgree [1] Agree [4] Reply Report Abuse


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