States explore ways to break GST compensation impasse

NEW DELHI: States opposing borrowing plans mooted by the Centre for bridging their goods and services tax (GST) revenue gap are seeking alternative ways that could be discussed at the next meeting of the federal tax body, the GST Council. At a virtual meeting with experts on Monday, senior ministers from West Bengal, Kerala, Chhattisgarh, Puducherry and Telangana sought ways to bridge the revenue…