GST Council could see rare vote as borrowing plan divides states

Live Mint

New Delhi:  Twenty-two states have decided to borrow to tide over the current shortfall in  Goods and Services Tax  (GST) receipts, giving the federal tax body, the GST Council, enough voting strength, along with the central government, to decide on the thorny issue of states’ GST compensation. Out of the 22, barring one, all states have opted for borrowing only to the extent of the…

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