Lower compensation beyond 2022 could be one way out
A showdown is looming in Delhi over the GST, the country’s biggest tax revamp since independence that was implemented three years ago.
Kerala finance minister Thomas Isaac has already fired the opening shots. He will be in the capital next Wednesday for a GST Council meeting and he’s declared that he will be heading to the Supreme Court if he doesn’t get the money that the state’s owed quickly. Punjab’s finance minister Manpreet Badal has made a similar threat. “We have reached a stage where we have a serious dispute," he said.
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