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Borrowing of money to meet GST revenue shortfall

Last updated: 21 September 2020


As per provision in Sections 7, 8 10 of the GST (Compensation to States) Act, 2017, the issue of pending GST compensation and future course of action to meet the GST compensation shortfall has been discussed in 41stGST Council meeting on 27.08.2020 in the light of the opinion given by Ld. Attorney
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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