Chief Minister Uddhav Thackeray raised concerns over Goods and Service (GST) revenue in a recent meeting that was held on Wednesday, January 1. The meeting was attended by cabinet ministers Jayant Patil, Aaditya Thackeray, Goods and Service Tax (GST) Commissioner Rajiv Jalota among others.
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As stated by senior officials, Uddhav Thackeray raised issues over delay in compensation from the Central Government and there has been a decline in the revenue generated through GST. The Chief Minister has already written to union finance minister Nirmala Sitharaman seeking legitimate dues of ₹15,558.05 crores from the Centre towards the GST compensation.
Notably, The GST collection for December stood at ₹1.03 lakh crore, of which CGST (Central GST) amounts to ₹19,962 crores, while SGST and IGST have been recorded at ₹26,792 crores and ₹48,099 crores, respectively. According to recent reports, the Central Government is now planning to increase the GST rates. It is expected that these rates will be increased in the phased manner so that it does not pinch the common man.
It has been over a month since CM Uddhav Thackeray took over as the CM of the state. Ever since he took charge, he has been reviewing the day to day affairs of the sate and all big-ticket projects. He had announced a full waiver in regards to farmer loans.
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