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Special GST Council meet soon to discuss compensation: Nirmala Sitharaman

Sitharaman, who is on a 2-day visit to Karnataka, said that she had already assured all the stakeholders about convening a special session in which every issue related to GST compensation would be discussed in detail.

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Bengaluru Published on: July 02, 2021 9:01 IST
Special GST Council meeting, meeting soon, discussion, compensation, Finance minister, Nirmala Sitha
Image Source : PTI/ REPRESENTATIONAL

Special GST Council meet soon to discuss compensation: Nirmala Sitharaman.

 

Union Finance Minister Nirmala Sitharaman said on Thursday that a special session of the GST Council will be held soon to discuss all compensation-related issues.

Sitharaman, who is on a two-day visit to Karnataka, said that she had already assured all the stakeholders about convening a special session in which every issue related to GST compensation would be discussed in detail.

To a question about Karnataka's GST compensation, she said that every state's compensation will be worked out.

"At this juncture, I cannot give you these figures off the cuff. These are amounts, which are determined based on a formula, which was arrived at last year and that is the basis on which the distribution will start," she said.

Responding to another question, the Finance Minister asserted that the supply of anti-Covid vaccines across the country is well managed and no citizen needs to worry about their vaccination. "It is our (Centre) commitment to vaccinate each and every citizen of this country," she said.

Also Read: God forbid, if there is third wave, we are medical infrastructure wise well prepared: Sitharaman

Also Read: Enhanced GST revenue collections should now be 'new normal': Sitharaman

 

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