Kerala will take the lead once more in bringing together other State governments and experts to deliberate on the Goods and Service Tax (GST) compensation and its implications.
The move comes in the wake of the State rejecting the two options put forward at the GST council on August 27. Finance Minister T.M. Thomas Isaac had last month chaired a meeting of Finance Ministers of Punjab, Delhi, Chattisgarh, West Bengal and Telangana and decided to reject the two options.
Amidst reports that more States are towing the line of the Centre and that the GST compensation would be delayed for States not choosing either of the two options, the new initiative is to organise a webinar jointly by the Gulati Institute of Finance and Taxation (GIFT), Thiruvananthapuram, and the Centre for Research in Rural and Industrial Development (CRRID) Chandigarh on September 28.
Official sources said the aim…
