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Many issues still to be ironed out for GST implementation: Modi

Last Updated: Friday, June 07, 2013, 20:08

The panel of the state Finance Ministers on GST on Friday said many issues, including a mechanism for CST compensation for the current fiscal, will have to be ironed out before rolling out the new indirect tax regime.

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.

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.

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".

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".