Rs 32,800 crore paid to states to compensate for CST loss: Jayant Sinha"A total of Rs 32,800.93 crore has been paid to the states towards CST compensation for the year 2007-08 to 2010-11," Minister of State for...
13 Mar, 2015, 05.24 PM IST
Government seeks Parliament nod for Rs 11,000 crore CST compensation to statesMoving the second Supplementary Demands for Grants in both houses of Parliament, Finance Minister Arun Jaitley sought sanction to spend an ...
09 Mar, 2015, 07.47 PM IST
Centre to release Rs 11,000 cr CST compensation to states: Arun JaitleyCST compensation is one sticky issue that has been holding up agreement on introduction of the Goods and Services Tax (GST) regime to repla...
10 Dec, 2014, 10.00 PM IST
Budget 2013: Govt to release Rs 9,000 crore to states in CST compensationThe Centre will bear 100 per cent of the loss accrued to states in 2010-11 fiscal on account of lowering CST.
28 Feb, 2013, 03.34 PM IST
Government released Rs 6,394 crore towards CST compensation for 2010-11The government had set up a committee with state representatives to resolve the issues pertaining to Goods and Services Tax (GST).
22 Feb, 2013, 04.39 PM IST
- CST issue resolved; paves way for implementation of GST
The Centre and states have resolved the contentious issue of CST compensation with the states agreeing for a lower payment of Rs 34,000 cro...
28 Jan, 2013, 10.01 PM IST
Centre likely to frame new guidelines for CST compensation: OfficialGovt decided to constitute two panels to address the issues of compensation, which was scheduled to be rolled out from April 1, 2010.
09 Nov, 2012, 05.00 AM IST
- States want Centre to resolve CST issue before GST rollout
GST, which will empower the Centre and states to simultaneously tax supply of goods and services, was to be introduced from April 2010, but...
08 Nov, 2012, 05.52 PM IST
- Settle CST compensation issue before demitting office, states request finance minister Pranab Mukherjee
States have asked Pranab Mukherjee to resolve the contentious issue of compensation for reduction in central sales tax (CST) rate.
25 Jun, 2012, 04.12 AM IST
- Govt sets up committee to sort out differences over CST compensation
A committee has been set up to iron out the differences over the states' demands of compensation for reduction in Central Sales Tax (CST) r...
27 Apr, 2012, 09.01 PM IST
- States talk 2013 date for GST rollout as centre agrees to review CST payments
The Centre has offered to review the compensation formula for the central sales tax, brightening prospects for the key indirect tax reform.
18 Apr, 2012, 03.11 AM IST
Jayalalithaa attacks reduction in tax compensationTamil Nadu chief minister J Jayalalithaa criticised the Centre for its “arbitrary” action in reducing Central Sales Tax (CST) compensation ...
15 Apr, 2012, 06.46 AM IST
- Goods and service tax stuck as Mamata Banerjee demands central sales tax compensation
The Centre's deadline for rolling out GST seems to be floundering after Mamata Banerjee hardened her position on the Central Sales Tax comp...
13 Apr, 2012, 01.58 AM IST
Budget 2012: Compensate for CST loss or hike rate to 4%: States ask CentreStates asked Pranab Mukherjee to either fully compensate them for revenue loss due to reduction in Central Sales Tax or raise the levy to 4...
13 Mar, 2012, 08.22 PM IST
Budget 2012: Hike CST to 4% or compensate adequately - States to CentreThe state Finance Ministers, finalised a negative list of 35 services which would not be taxed under proposed GST regime.
03 Mar, 2012, 05.45 PM IST
Pranab to meet state FMs on CST compensation, GST in FebMukherjee will hold a meeting with the state counterparts next month to sort out the issues concerning Central Sales Tax.
30 Jan, 2012, 06.40 PM IST
- States to get Rs 7,029 cr to offset CST losses
The Centre will pay 7,029 crore as compensation to states for the losses they suffered in 2010-11 due to a reduction in the central sales t...
11 Feb, 2011, 04.06 AM IST