Centre will honour GST compensation payment to states, says FM; does not specify timelines

NEW DELHI : With states not being paid compensation for loss of revenue from implementation of GST since August, Finance Minister Nirmala Sitharaman on Thursday assured the Centre will honour its commitment but did not say by when the dues will be cleared. States -- that surrendered powers to collect taxes on goods and services after local levies got subsumed into the Goods and Services Tax (GST)…