As per the recent tweet of CNBC-TV18, the Calculation of Loss on GST Rollout May Be Reviewed Under Option 1 For GST Compensation.
- Centre May Review Calculation Of Loss On GST Roll-out Under Option 1. It May Agree At Higher Compensation Than Rs 97,000 Cr Via State Borrowings For GST Loss
- States Feel Rs 97,000 Cr Is Insufficient, It Needs To Be Scaled Up
- Alert: Centre Calculated Rs 97,000 Cr At 10% Growth On 3 FY20 Receipts
- Alert: 10% Growth Needs To Be Scaled-Down, Recalculated At Lower Rate For Higher Compensation
Source: https://twitter.com/CNBCTV18Live/status/1303569647237697536