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6th January2022 (4 Topics)

States demanding GST Compensation cess regime

Covid-19 has impacted the GST collection and short fall in states revenue. Discuss various issues concerned with GST compensation Scheme? (250 words)

APPROACH

  • Introduction- GST (Compensation to states) Act 2017
  • Discuss about various issues with revenue short fall
  • Discuss about the relevance of GST revenue for states
  • Way forward
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