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Oppn-ruled states dismiss Centre's 2 options on GST compensation shortfall

Meet today to outline strategy on compensation

Topics
Goods and Services Tax | Shortfall in GST Revenues | GST compensation

Dilasha Seth & Ishita Ayan Dutt  |  New Delhi/Kolkata 

GST, goods and services tax
This comes a day after the finance ministry officially communicated the finer details of the two borrowing options to states to make up for the compensation shortfall

Rejecting both options proposed by the Centre to make up for the (GST) compensation shortfall, Opposition-ruled states, including West Bengal, Punjab, Chhattisgarh, and Kerala, will meet on Monday over a videoconference to thrash out the future course of action. Operationalising the Centre-states dispute resolution mechanism may be discussed as part of the future strategy.

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First Published: Mon, August 31 2020. 06:06 IST
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