GST Council meet: No consensus on compensation, next meet on 12 October

The Centre and states on Monday could not reach any consensus on the issue of borrowing to make up for compensation shortfall at the 42nd Goods and Services Tax (GST) Council meet, according to sources. The GST council has decided to meet again on 12 October. "10 states demand that full compensation should be paid to the states during the current year as per clauses in the law and centre should bo…