VATupdate

Digging deeper: On GST compensation

Four months into FY 2020-21, the Centre has finally managed to pay States the compensation due to them for the previous year under the GST regime. This may come as a breather for States seeking to finance efforts to ramp up public health-care capacity and contain COVID-19’s detrimental effects on vulnerable sections.

Source: a2ztaxcorp.com

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