FIRST SHARE OF COMPENSATION TOWARDS GST LOSS RECEIVED FROM CENTRE

November 29th, 2017 Posted In: News

Team TNV

Panaji (Goa) While the State continue to fall short of Goods and Service Tax (GST) collection compared to that of Value Added Tax (VAT), the Union Government, as promised, has compensated Goa government with Rs 68 crores towards the revenue loss reported for the month of July and August.

From July till October, the State GST collection has been Rs 737 crores, which include Rs 234 crore in August, Rs 250 crore in September and Rs 253 crores in October.

 “Goa has received Rs 68 crores as compensation towards revenue loss for the month of July and August,” sources confirmed.

About Author

Team TNV

The author is a senior Journalist working in Goa for last one and half decade with the experience of covering wide-scale issues ranging from entertainment to politics and defense.

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