New Delhi: Some countries on Thursday demanded that GST compensation be continued for five years due to the impact of Covid, which stretched their finances and also suppressed to increase the share of the United States in a sponsored scheme centrally by pre-budget consultation with pre-budget consultation with Minister of Finance Nirmala Sitharaman.
West Bengal, Kerala, Delhi, Chhattisgarh are at the forefront, demanding that CESS compensate extended five years 2027.
Some countries such as West Bengal said they must first be extended for at least three years and based on the rating of two more years to help the country address the impact of pandemics .
Education Minister Rajasthan Subhash Garg said the center must consider the request to extend the Cess compensation window until 2026-27 because it is a valid request.
“Our most significant request is that the central part of the sponsored scheme has been gradually reduced and the state shares have increased.
Previous shares will be 90-10 and now 50-50 or 60-40, our request is to return.
Up to 90 -10, “Garg said.
Some countries also demand that the delayed part of the central tax be concluded to countries and it must be carried out in the budget.
Extend GST compensation of 5 years: State to FM
