Wednesday, August 26, 2020

In Centre vs States On GST, This Key Opinion Of Attorney General

The government has to compensate states fully for the loss of revenue in Goods and Services Tax (GST) during the coronavirus crisis, its top lawyer has advised ahead of a big meet of the GST council to be attended by state Finance Ministers and Chief Ministers. Sources say the Finance Ministry had asked Attorney General KK Venugopal a few key questions, seeking advice as it faces strident demands for compensation under GST.

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