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According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Advisory group on GST submits report, suggests changes

Panel received more than 700 representations on problems faced by industry over return filing.

7 Dec 2017 11:02 AM IST

Finance Minister Arun Jaitley

Jaitley promises no surprises in GST rate fixation

Companies should pass on to consumers the benefit of reduction in taxes under GST.

28 April 2017 12:44 PM IST

West Bengal Finance Minister Amit Mitra in an interview to NDTV on Wednesday said that the timing of the implementation of the GST was not right given the situation that has arrived in the aftermath of demonetisation.

GST likely anytime between Apr 1-Sept 16: Jaitley

GST Council has resolved 10 issues and only one pertaining to administration of tax is pending.

17 Dec 2016 3:09 PM IST

Chief Economic Advisor Arvind Subramanian

Bring land, realty, power under GST fold: Subramanian

The GST Council, however, has finalized a four-tier tax structure -- 5, 12, 18 and 28 per cent.

15 Dec 2016 3:20 PM IST