x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Mysterious illness leaves 8 dead in Rajouri village | Army has increased operational footprint in Jammu region: Lt Gen Sachdeva | Time for change in Police’s approach: Shah | Thankfully, it was not taken up: CM on proposed GST hike on Pashmina Shawl | ‘Submit details of Govt employees, political persons holding offices in sports bodies’ | Electricity distribution companies’ burden on state finances: RBI | GST Council postpones decision | Centre sanctions 9 projects for J&K under PM-USHA | PM Modi arrives in Kuwait | You’ve made J&K proud: LG Sinha to JU | Srinagar records minus 8.5 ° C | Change in timings | Every woman has power to create her own success story: Chief Minister | 10 Jammu officers attend GIS skill training at IARI campus New Delhi | SCERT Jammu hosts seminar on gender neutrality in schools | GCW Udhampur Hosts Awareness Session | GDC Ramnagar Hosts Documentary Screening on Veer Baal Diwas | National Mathematics Day Celebrated at GDC Thannamandi | Natrang’s winter theatre & dance workshop for kids to start from Dec 25 | Sitara Fest Showcases Young Talent at Unique International School | S D Tara Puri High school Bags 10 medals in State Level | Awareness programme on entrepreneurship at gdc Thathri | Omar Govt committed for youth empowerment & employment generation: NC | Govt committed to nurture, promote creative talent: Dy CM | AIIMS Jammu achieves milestone with successful pediatric deformity surgery | Police Cyber Cell recover 30 smartphones in Kulgam | Directorate of Health Services Jammu concludes Field Epidemiology Training on One Health | 2 hardcore criminals absconding in POCSO case arrested | Udhampur police seize vehicle involved in illegal mining | Samba police solves theft case | Director Agriculture Jammu addresses Valedictory Session | AIOCD demands end to misuse of COVID-era medicine delivery rules | SKUAST-Jammu Professor Honored at International Conference | J&K police seize 58 bottles of illicit Whisky in Kathua | JKAACL organizes Punjabi Kavi Durbar dedicated to Char Sahibzade | Kindergarten students of Dewan Devi School celebrate Christmas | MIET student team wins first prize | GDC Sidhra commemorates Dogri Manyata Diwas | Model Academy celebrates 88th Annual Day "Jeevan Utsav" | Desh Bhagat University organises Guru Ka langar in memory of Mata Gujri and Sahibzada's | DPS Kathua celebrates First World Meditation Day | GDC Ramnagar Screens Chaar Saahibzaade Documentary | GDC Nagrota celebrates National Mathematics Day | Workshop on basics of computer skills successfully concludes | Rich Harvest School hosts cultural event to celebrate Dogra Heritage | Back Issues  
 
news details
Centre committed to pay GST compensation: Sitharaman
12/12/2022 11:30:51 PM

Agencies

New Delhi, Dec 12: Union Finance Minister Nirmala Sitharaman on Monday said GST claims of state governments will be cleared once she gets relevant papers along with a certificate from their respective accountant generals.
She also said in Lok Sabha that the central government is committed to pay all Goods and Services Tax (GST) compensation to states and has been doing so continuously for the last five years.
The respective Accountant General (AG) has to provide a certificate that the particular state has to get this much of compensation, the finance minister said.
“If there is a delay in the AG certified claim from states, obviously that (GST compensation) is pending. So, when the AG certificate along with the state’s claim comes, at that moment the money will also get released,” she said during the Question Hour.
From the central government’s side, it is up to date, and whatever money it gets as cess, is distributed among states, Sitharaman said.
“We are up to date on all claims that came from states, which were approved by the respective AG. We have paid all,” she said.
Sitharaman said if the AG has not cleared the claims of states, the state governments should expedite that.”The moment I get it, I will clear that,” she said.
Many state governments believe that their GST compensation is pending, and these are pending as the central government needs the necessary papers as the money belongs to the taxpayers, Sitharaman said.
“The moment I receive the papers, the AG certification, even if there is a contention between the Centre and a state, it has to be sorted out. I cannot be sitting on somebody’s money,” she said.
Sitharaman said differences with states can be sorted out when officials of the central and state governments sit together.
The minister said half of the GST compensation for June has already been cleared while the rest would be given once adequate cess is collected.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU