Rs 8,000 cr released to states for GST related revenue shortfall

There have been few national-level complaints over businesses tending to profiteer after the goods and services tax (GST) roll-out and so the proposed authority to check such practices might not be required, revenue secretary Hasmukh Adhia said on Thursday. In an exclusive interview with FE, he also said more than Rs 8,000 crore has already been released to the states for their GST-related revenue…