Page 8 - Gst Council

Release Rs 4,321 crore towards IGST share, Tamil Nadu tells Centre

Tamil Nadu Minister D Jayakumar urged the Centre to release Rs 4,321 crore towards the state's share of Integrated Goods and Services Tax

Oppn states object as Centre favours Option 1 at GST Council meet

After high drama at GST Council meet, FM Sitharaman agreed to reconvene to reach consensus

GST council exempts satellite launches by Isro, Antrix from 18% GST

But it is not clear whether the relief will be extended to private launch companies

GST deadlock remains, compensation for tax collected to be released tonight

GST Council meeting, conducted via videoconference, was held to consider the two borrowing options offered to states in August to meet their shortfall in GST collections

Nirmala Sitharaman to chair stormy 42nd GST Council meeting today

Union Finance Minister Nirmala Sitharaman will chair the 42nd Goods and Services Tax (GST) Council meeting at 11 am on Monday

Non-BJP states to oppose govt's borrowing option in GST meet tomorrow

In the current fiscal, the states are staring at a staggering Rs 2.35 trillion Goods and Services Tax revenue shortfall

GST compensation row: States may seek 3-member dispute resolution body

2011 Bill outlined such a structure, but it was not included in Act

GST mop-up rises 4% to Rs 95,480 cr in Sept as recovery picks up pace

The data comes in the backdrop of simmering tension between the Centre and states over the promised compensation and ahead of the Council meeting on Monday

Credit for reform: Centre allows 5 states to borrow Rs 9,913 cr extra

Permission granted on meeting of one-nation-one-ration card reform

GST compensation row: Have not picked either option, says Puducherry CM

Rebuts FinMin claim that UT is among those to opt for RBI window to meet shortfall in GST

We may go terribly right or wrong, says 15th FC chairman N K Singh

Singh told Arup Roychoudhury and Indivjal Dhasmana that the Commission could recommend spending 2.5 per cent of GDP on health in the light of the Covid-19

GST Council to take call on funding compensation shortfall: FM Sitharaman

Nirmala Sitharaman said GST Council will arrive at a common ground on ways to compensate states for loss of revenue

13 states submit borrowing option to Centre to fund GST shortfall

These 13 states include Bihar, Odisha, Andhra Pradesh, Gujarat, Uttarakhand and Meghalaya

No discussion on GST borrowing options at parliamentary panel meet: Report

Sources in know of the matter said that during the meeting of the parliamentary panel there was only a discussion on the CAG report on GST collection for FY19

Rift over GST compensation sets stage for showdown between Centre, states

The GST law requires the federal government to compensate states for five years through March 2022 for any revenue loss on account of the new tax

Vote on GST compensation inevitable if govt sticks to 2 options, says Isaac

Centre will have to get support of some non-BJP-ruled states to pass its decision even in case of vote

Entire GST shortfall will be compensated, says govt ahead of Sept 10 meet

The finance ministry ruled out borrowing by the Centre as suggested by some states

Will take up GST cut demand with FM Sitharaman, PM Modi: Prakash Javadekar

Prakash Javadekar assured the automobile industry that he will take up the industry's demand for a cut in GST for the sector with the Finance Minister and the Prime Minister

Mamata asks PM to intervene in GST impasse, joins non-BJP CMs in 'protest'

Asserts that Centre must borrow to meet GST shortfall at this critical hour of Covid-19 pandemic, says states will reciprocate

Tamil Nadu CM urges Centre to revisit options on GST compensation

He asked the government to ensure that the states get their full dues of the compensation in the current year itself