K'taka CM demands extension of GST compensation to states for 3 more yrs

Business Standard

Amid fall in state revenue and GST collection in view of COVID-19 crisis,  Karnataka  Chief Minister Basavaraj S Bommai on Thursday demanded the Centre to extend the  GST compensation  period to states beyond 2022, for three more years. After a meeting with Union Finance Minister Nirmala Sitharaman, Bommai said he also discussed the GST (Goods and Services Tax) dues to the tune…

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