October 23, 2020

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GST Council Meet | Centre#39;s move to permit 21 states to borrow Rs 97,000 crore is illegal: Kerala FM Thomas Isaac

Option one, which allows states to borrow Rs 97,000 crore through a special window facilitated by the RBI involves deferment of compensation payment beyond 5 years for which a GST Council decision is necessary as per AG’s opinion, and no such decision has been made in the Council, Thomas Isaac tweeted ...

GST Council Meet | Centre#39;s move to permit 21 states to borrow Rs 97,000 crore is illegal: Kerala FM Thomas Isaac Option one, which allows states to borrow Rs 97,000 crore through a special window facilitated by the RBI involves deferment of compensation payment beyond 5 years for which a GST Council decision is necessary as per AG’s opinion, and no such decision has been made in the Council, Thomas Isaac tweeted

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