Parliament watch: Measures to push GST mopup
SECTIONS
Last Updated: Mar 17, 2021, 09:20 AM IST
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Synopsis
“Greater awareness about the GST structure and punitive action in case of non-compliance needs to be created among the assessees on a wider scale,” the committee headed by Jayant Sinha, added in its report presented in Rajya Sabha, Tuesday.
Agencies
Corporate Social Responsibility (CSR) funds are not used for implementing the government s central schemes, the government on Tuesday informed Parliament.
The Parliamentary standing committee on finance sought that the government initiates all possible structural and enforcement related measures to shore up GST collections, in order to make up for the compensation requirement for states amid loss in revenue collections due to the Covid 19 pandemic. It noted, however, that collections were on the rise in recent months, it recommended in its report on demand for grants for 2021-22. The committee asked the department to