12 states demand extension of GST compensation beyond June

Updated: few hours ago

12 states demand extension of GST compensation beyond June

Chandigarh, Jun 29 (PTI) About a dozen states on Wednesday pitched for extending by a few years the compensation paid to states for revenue lost from the implementation of the goods and services tax (GST) regime.

The GST Council, the highest decision-making body of the indirect tax regime, however, did not take any decision at its meeting here.

A final decision is likely to be taken in the next GST council meeting in the first week of August, Finance Minister Nirmala Sitharaman said while talking to the media after the 47th GST Council meeting here.