PREVIOUS
✖
GST compensation debts
June 6 , 2022
904 days
723
0
- The Central government has passed Rs 86,912 crore to state governments, the SGST (State Goods and Services Tax) to compensating them for the GST.
- Following the implementation of the GST on July 1, 2017, the government expected yearly revenue growth of 14%.
- To compensate states for lost revenue, a cess was imposed on a variety of luxury items and so-called sin goods to raise funds.
Leave a Reply
Your Comment is awaiting moderation.