States see 50% reduction in GST shortfall

States have seen the “shortfall” in the “GST collection target” halve to 10% during the first eight months of the current financial year with the north-eastern states reporting sharp improvement, while Goa, Delhi, Maharashtra and Tamil Nadu saw a deterioration. The Centre has promised that it will compensate states if their annual revenue growth is under 14%. Data shared with the states on Saturda…