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Updated Sep 17, 2021 | 11:53 IST
GST Council meeting: 'Last minute' inclusion of 'revenue shortfall' compensation talks rile state FMs
GST Council meeting: 'Last minute' inclusion of 'revenue shortfall' compensation talks rile state FMs  |  Photo Credit: PTI

free slots no downloads no registration,The new formula to calculate compensate states for “revenue loss” from next July has pitted Opposition ruled states against the Centre ahead of the GST Council meet on Friday.

wildz,Some state finance ministers of Opposition-ruled states such as Tamil Nadu’s Palanivel Thiagarajan, Amit Mitra of West Bengal and Deputy CM Ajit Pawar of Maharashtra will reportedly miss the meeting even before the Centre presents the proposal.

blackjack android,Maharashtra’s Pawar questioned the compensation arrears worth Rs 30,000 crore, the others have alleged the meeting to be fixed at the last moment. Mitra, according to Times of India, said FM Nirmala Sitharaman included the issue of compensation just 48 hours prior to the meeting. “How can you complete a discussion on such an important issue at the fag end of the meeting?” asked Mitra.

Thiagarajan complained about the short notice given for the meeting and that at a location which he said was unfordable for some state finance ministers. He further alleged that the agenda of the meeting came in “bits and pieces” and the last item on the list pertaining to compensation for states was sent to states only on Sunday.,casino royale full cast

football players in a team,The Centre had promised to compensate states for any revenue in case annual growth is less than 14%, however, this compensation formula ends in June. In July there will be a new formula that is likely to ask states to ensure measures to increase collection in order to augment the collection.

The inclusion of fuel in GST in the agenda has also caused a rift and the non-BJP states have questioned the move.,free amatic slots

Mitra on Thursday also claimed that his request to join the meeting virtually was turned down by the government citing rules of the Procedure of a Business Regulations of GST Council. West Bengal has nominated Chandrima Bhattacharya from Mamata Banerjee’s cabinet to attend the meeting. Mitra asked the need to hold a physical meeting at a time when pandemic is still present. He said due to full attendance, the event may turn out to be a super spreader event.

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