India

Sitharaman asks states to expedite formalities to seek GST compensation

The Finance Minister told Premachandran to convey to Kerala government that it should send all the statements together at one go.

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New Delhi: Finance Minister Nirmala Sitharaman on Monday came down heavily in Parliament on states complaining about delay in getting GST compensation, saying that rather than blaming the Centre for delay in facilitating the payment, they should ensure that the accountant general’s (AG) statements, which is the prerequisite for seeking the amount, are sent on time.

Replying to a series of questions on GST compensation raised by DMK’s A Raja and RSP’s N.K. Premachandran in Lok Sabha during Question Hour, Sitharaman said that the Kerala government has not sent the AG statements for five years, i.e. from 2017-18 to 2021-22.

“I am looking at my records and saying Kerala has not sent the AG’s certified statements for the GST compensation for the years 2017-18, 2018-19, 2019-20, 2020-21, and 2021-22. I am sorry to be so precisely going by year after year and thereby taking the valuable time of the House. So, you have sent it not even for one year.

“Have you sent me the AG’s certified account even for one year for getting your compensation dues? Then, it is accused that the Centre is not releasing the funds in time. The certified authorised statement has reached not even for one year,” she said.

The Finance Minister told Premachandran to convey to Kerala government that it should send all the statements together at one go.

“On the receipt of that, we will clear it. You have not sent it for one year, and you keep blaming us that we are not giving you the money in time,” she said.

This post was last modified on February 13, 2023 7:58 pm

Press Trust of India

Press Trust of India (PTI) is India’s premier news agency, having a reach as vast as the Indian Railways. It employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.

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