Centre used GST compensation cess elsewhere, violated law: CAG
In its audit report of government accounts, the Comptroller and Auditor General (CAG) flagged that the amount was to be credited to the non-lapsable GST Compensation Cess collection fund for payment to states for loss of revenue due to implementation of GST since 2017, but the government did not do so, and thus violated the GST law.from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/centre-used-gst-compensation-cess-elsewhere-violated-law-cag_14309041.html
via IFTTT
Post a Comment