Punjab rejects both GST payout options: Manpreet Badal writes to Revenue Secy
Compensation worth Rs 6,500 crore is due to the cash- strapped state
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Tribune News Service
Chandigarh, August 31
Punjab Finance Minister Manpreet Singh Badal has written a letter to the Revenue Secretary rejecting the two options given to the states to make up for the shortfall in GST compensation.
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Punjab was amongst the states that had been vocal against the delay in GST compensation. Compensation worth Rs 6,500 crore is due to the cash- strapped state, which is finding it difficult to meet its committed liabilities.
Badal said that there was a clear violation of the GST Act, and compensation to states can neither be increased nor decreased.
“This is a betrayal of the spirit of cooperative federalism,” he said in the letter.
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He recommended that a GOM may be constituted to deliberate on the matter and give its recommendations in ten days.
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