M. Mosina bi 27/8/2021
x Enjoy seamless experience on APP We're 10x faster on APP INSTALL APP ET POLICY Read on App Karnataka CM meets FM; demands extension of GST compensation to states for 3 more years Agencies Karnataka is one of the best performing states since the enactment of GST in 2017. Synopsis In the meeting, the CM informed Sitharaman that the state GST collection has not yet stabilised in view of COVID-19 crisis, and it would be more helpful in this ongoing revenue crisis if the GST compensation to states is extended for three more ye... By PTILast Updated: Aug 26, 2021, 03:38 PM IST2 Amid fall in state revenue and GST collection in view of COVID-19 crisis, Karnataka Chief Minister Basavaraj S Bommai on Thursday demanded the Centre to extend the GST compensation period to states beyond 2022, for three more years. After a meeting with Union Finance Minister Nirmala Sitharaman, Bommai said he also discussed the GST (Goods and Services Tax) dues to the tune of Rs 11,000 crore to be paid to Karn...