Karnataka awaiting Rs 13,763 crore GST compensation refund


Daijiworld Media Network - Bengaluru (SP)

Bengaluru, Aug 8: Karnataka is waiting for a GST compensation amount of Rs 13,763 crore from the centre for the period between April and July. It has been decided to take up the issue at the GST council meeting as the state is badly in need of funds.

This decision was taken at the 14th meeting of IT Group of Ministers to discuss the issue of GST implementation. Home minister Basavaraj Bommai said that there was pressure at the meeting to refund tax amount refundable to the taxpayers online without delay and without giving any reasons to the concerned. So far, Rs 52,251 crore tax amount was refunded to two lac businessmen falling under small and medium enterprises. He said that the scheme of providing documents about zero tax in case of small and micro businessmen through SMS messages should be given more publicity.

 

The meeting felt that monthly tax documents should be simplified and a detailed scheme should be drawn towards this end.

It was decided to fix a date that is convenient for small and medium enterprises to pay monthly taxes. More importance was decided to be given to solve problems faced by taxpayers through helplines and chat boxes. In case of tax evasion, such cases should be immediately identified and software should be implemented towards increasing tax collection.

  

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Comment on this article

  • Prakash, Mangalore

    Sun, Aug 9 2020

    We need experienced and well educated Finance Minister who takes decisions independently in the interest of Indian public.

    DisAgree [1] Agree [6] Reply Report Abuse

  • Suneed, Kannur

    Sun, Aug 9 2020

    Are these politicians read newspaper or simply making the citizen Fools.
    “Govt tells panel it has no money to pay states their GST share, raises alarm among Opposition”

    DisAgree [1] Agree [9] Reply Report Abuse

  • Clifford, Mangalore

    Sun, Aug 9 2020

    It could be a very long wait as centre is bankrupt now because of the foolish politicians.

    DisAgree [2] Agree [11] Reply Report Abuse

  • Ajay Rebello, Kallianpur

    Sun, Aug 9 2020

    Good luck trying to get money from centre.

    DisAgree [1] Agree [10] Reply Report Abuse

  • Santan Mascarenhas, Kinnigoli/Bangalore

    Sun, Aug 9 2020

    Promise bahut karta hai
    Refund dena rota hai !!!

    DisAgree [2] Agree [17] Reply Report Abuse

  • Charles D'Mello, Pangala

    Sun, Aug 9 2020

    Does our central treasury turned into a Bermuda triangle....!!!!!!??????

    DisAgree Agree [11] Reply Report Abuse

  • Eric Coelho, Dakshina Kannada

    Sun, Aug 9 2020

    Central Govt announced Rs. Lakh crore stimulus package. What happened to that. Being BJP ruled at both centre and state, ask for it immediately.

    DisAgree Agree [18] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sun, Aug 9 2020

    I was wondering if GST is also a big Scam ...

    DisAgree [3] Agree [21] Reply Report Abuse

  • j.anata, Mangaluru / Bengaluru

    Sun, Aug 9 2020

    Try, Cry, Fry to unearth scams!

    DisAgree [10] Agree [2] Reply Report Abuse


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