No GST dues pending, some States have not submitted AG's report: Nirmala Sitharaman
1 year ago

No GST dues pending, some States have not submitted AG's report: Nirmala Sitharaman

The Hindu  

The Centre on December 12 said no GST dues of any State are pending before it and that some state governments have not submitted AG's authenticated certificate for release of their share of funds. The narrative that GST dues are pending from the Centre is not correct and is a "misnomer" as States have not submitted AG's report, Union Finance Minister Nirmala Sitharaman said replying to a supplementary question in Rajya Sabha. "For 2022-23 no state, except for Karnataka, has given AG's certificate as yet," she said. "AG's certificate has not come from West Bengal, so the amount would not be released," she said, adding, "to call it pending, I am sorry, its a misnomer.

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History of this topic

Entire GST compensation cess dues will be cleared, announces Nirmala Sitharaman
1 year, 10 months ago

Entire GST compensation cess dues will be cleared, announces Nirmala Sitharaman

Hindustan Times  

Finance minister Nirmala Sitharaman on Saturday announced that the central government will clear the entire dues of the pending balance of the GST compensation, as decided at the 49th GST Council meeting. Even that is getting cleared," Nirmala Sitharaman said announcing the clearance of all GST dues to the tune of ₹16,982 crore. Finance minister Nirmala Sitharaman addressing the press …

The status of GST compensation dues
2 years, 7 months ago

The status of GST compensation dues

The Hindu  

The story so far: At a meeting with Chief Ministers last week, Prime Minister Narendra Modi said that several non-BJP ruled States had failed to cut taxes on fuel products whose prices have surged sharply since March and urged them to do so in the interest of giving relief to the people facing high inflation. Hours after the meeting, to …

Govt extends due date for filing FY20 GST annual returns till March 31
3 years, 9 months ago

Govt extends due date for filing FY20 GST annual returns till March 31

India TV News  

The government on Sunday extended the deadline for filing GST annual returns for 2019-20 fiscal by a month till March 31. “In view of the difficulties expressed by the taxpayers in meeting this time limit, Government has decided to further extend the due date for furnishing of GSTR-9 and GSTR-9C for the financial year 2019-20 to March 31, 2021 with …

Union Finance Secretary Says Centre in No Position to Pay GST Dues to States: Report
4 years, 4 months ago

Union Finance Secretary Says Centre in No Position to Pay GST Dues to States: Report

News 18  

In a meeting of the Parliamentary Standing Committee on Tuesday, Union Finance Secretary Ajay Bhushan Pandey said that the government is in no position to pay the GST share of States as per the current revenue sharing formula, sources informed The Hindu. At this, “he pointed out that the GST Act has provisions to rework the formula for paying compensation …

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