central-sales-tax - Latest News on central-sales-tax | Read Breaking News on Zee News

Govt to sort out compensation issues for early GST roll-out: FM

Last Updated: Thursday, July 03, 2014, 21:06

Finance Minister Arun Jaitley Thursday said the Centre would sort out compensation issues with states to ensure early roll-out of Goods and Service Tax, a new indirect tax regime that will subsume various levies.

Govt to release Rs 9,000 cr to states in CST compensation

Last Updated: Thursday, February 28, 2013, 17:19

It also expressed the hope that a consensus with states on the Goods and Services Tax, which has been in the works for long, will be reached within a few months.

Committee on CST recommends settling previous claims

Last Updated: Tuesday, February 26, 2013, 17:07

A committee has recommended that individual states' central sales tax (CST) compensation claims of earlier years be settled on case to case basis at the earliest to pave way for smooth rollout of GST.

Sibal writes to states for special status to mobiles: Sources

Last Updated: Tuesday, February 12, 2013, 20:14

Telecom Minister Kapil Sibal has written to a committee of state finance ministers asking them to declare mobile phones and tablets as goods of special importance under Central Sales Tax Act, which may lead to the gadgets becoming cheaper by 7-8 percent, sources said.

CST issue resolved; paves way for implementation of GST

Last Updated: Monday, January 28, 2013, 23:17

Central Sales Tax, Goods and Services Tax,Sushil Kumar Modi

Committees to look into CST compensation, GST design issues: FM

Last Updated: Thursday, November 08, 2012, 19:06

Finance Minister P Chidambaram Thursday said two committees will be constituted to sort out contentious issues that hamper implementation of the Goods and Services Tax (GST).

States want Centre to resolve CST issue before GST rollout

Last Updated: Thursday, November 08, 2012, 18:37

States want the central government to resolve the Central Sales Tax (CST) compensation issue before moving ahead with the rollout of the Goods and Service Tax (GST) regime.

CST compensation issue under examination, says Centre

Last Updated: Wednesday, August 08, 2012, 19:27

The Centre on Wednesday said the demand of states for continuation of compensation for their revenue loss on account of reduction in central sales tax (CST) is under examination.

CST compensation issue under examination, says Centre

Last Updated: Wednesday, August 08, 2012, 19:27

The Centre on Wednesday said the demand of states for continuation of compensation for their revenue loss on account of reduction in central sales tax (CST) is under examination.

States ask PM to address CST compensation issue by Aug 7

Last Updated: Friday, July 13, 2012, 18:10

States on Friday asked Prime Minister Manmohan Singh to resolve the CST compensation issue by August 7 so that there is no "trust deficit" before introducing GST, dubbed as a big-ticket tax reform.

Centre ready for fresh look at CST compensation issue: Pranab

Last Updated: Wednesday, March 28, 2012, 21:40

Seeking to build bridges with states, Finance Minister Pranab Mukherjee Wednesday said he would look into their demand for Central Sales Tax (CST) compensation and deal with the problem of debt-ridden states of Kerala, Punjab and West Bengal.

Centre can't compensate states for CST till GST rollout: FinMin

Last Updated: Tuesday, March 20, 2012, 18:43

Amidst repeated complaints of inadequate compensation for revenue loss due to lower CST rate, the Union Finance Ministry Tuesday said it cannot compensate them "endlessly for as many years as GST does not come".