GST compensation of Rs 1.58 lakh crore was planned to be financed through back-to-back loans to be raised by the Centre while Rs 1 lakh crore was expected to be met through the GST compensation cess over FY22. States also want cess to be extended further.
GST compensation of Rs 1.58 lakh crore was planned to be financed through back-to-back loans to be raised by the Centre while Rs 1 lakh crore was expected to be met through the GST compensation cess over FY22. States also want cess to be extended further.
"Prime Minister Narendra Modi has listened to CM Uddhav Thackeray, deputy CM Ajit Pawar and Congress leader Ashok Chavan about various issues concerning the state. There will be some definitive decision in coming days," Sanjay Raut said when asked about the meeting between the Thackeray-led delegation and the PM.
Read more about GST compensation: Oppn-ruled states claim Rs 55,000-cr underestimation on Business Standard. They have also sought an additional compensation of Rs 65,000 crore for FY21