TRS, Shiv Sena, TMC protest in Lok Sabha over GST dues

By: |
New Delhi | December 11, 2019 2:26 PM

As soon as the Question Hour commenced, the TRS members stood up with posters asking for the release of the dues related to the Goods and Services Tax (GST).

TRS, Shiv Sena, TMC, lok sabha, lok sabha protest today, lok sabha gst protest, GST dues protest lok sabhaThey also raised slogans. (Representational Image)

Telangana Rashtra Samithi (TRS), Shiv Sena and Trinamool Congress (TMC) members demanded in the Lok Sabha on Wednesday that the Centre release the GST dues to the states. As soon as the Question Hour commenced, the TRS members stood up with posters asking for the release of the dues related to the Goods and Services Tax (GST). They also raised slogans. They were joined by the members of the TMC and the Sena, an erstwhile ally of the ruling Bharatiya Janata Party (BJP).

Rajya Sabha proceedings were adjourned for close to an hour after an uproar by opposition parties over the delay in the release of the GST payments to the states. Some state governments have raised concerns regarding compensation on the GST. The states had pegged the pending dues at around Rs 50,000 crore. In this regard, representatives from various states held a meeting with Finance Minister Nirmala Sitharaman earlier this month.

When the GST was introduced from July 1, 2017, the Centre had assured the states through a legislation that the revenue shortfall arising from their taxes being subsumed in the new indirect tax will be compensated fully for the first five years. But the compensation to the states has not been paid since August.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1‘Bringing my dead mother into this…’: NCB officer Sameer Wankhede hits back at Nawab Malik over ‘forgery’ charge
2Lalu Yadav’s dramatic return home: Tej Pratap sits on dharna, washes father’s feet amid escalating family feud
3Uttar Pradesh elections: Priyanka Gandhi promises free medical treatment up to Rs 10 lakh