 "GST, goods and services tax")
The Tamil Nadu Government indicated that it might go with option-1 for the GST compensation, provided some aspects of it are reworked.
Addressing the 42nd GST council Meeting today, Tamil Nadu's Minister for Fisheries and Personnel and Administrative Reforms, D Jayakumar, said that the Government of India has a moral and legal obligation to pay compensation for the shortfall in GST collections and should find the necessary funds to compensate States, if there was a shortfall in the cess collections.
During the 41st GST Council meeting, Tamil Nadu had suggested that the Government mobilise resources and lend the funds required to the
