Centre to present options to states for meeting compensation shortfall at GST Council meeting

The Centre will present options to states for making up the goods and service tax (GST) shortfall beyond June 2022 at the  GST Council  meeting on Friday, even as it expects monthly revenues to be upwards of Rs 1.1 lakh crore for the coming months.  According to people aware of the issues to be discussed at the meeting, the council will also consider extending  GST  rate r…