Vadicwarrior Authors Krithi Iyer
7 days
30 days
All time
Recent
Popular
https://t.co/616I5YwpwG
Done
@anexcommie.
@indhavaainko If possible add this as subtitle in the vide itself
Yesterday what our Central Government did was a historical mile stone. If you have read the entire notification, it is mentioned there, (that) usually the amount will be paid after deciding in GST Council. But the total amount in the Compensation fund (1/n)
was only about RS.25000 crore and the due for states was about 86000 crore. As per the decisions taken by GST council, they can pay after 3 months or 6 months, or 9 months, as and when the funds are collected in GST pool (Compensation). Still Central Government has paid the (2/n)
balance money (of about 60000+ cr) from its sources and released the dues to the states yesterday. This is first time in the history of GST. As per GST (Mechanism) they will collect the dues (from the tax payers) of GST & Cess (which is over & above GST on selected items). (3/n)
As and when they receive the funds they will distribute the dues to the states. But what our Central Govt did yesterday was phenomenal.When there was no money in GST pool, CG has said that they would pay the entire dues from their sources and settle it. When GST council (4/n)
Done
@anexcommie.
@indhavaainko If possible add this as subtitle in the vide itself
#Tutorial@annamalai_k ji has been articulating fiscal/ economic concepts n processes
— Ram Venkataraman \U0001f1ee\U0001f1f3 (@JumbuTweeple) June 1, 2022
He has been potently combating fake news by opposition on issues .@anexcommie @ModiArmy2024 @KishoreIyer5 @ikkmurugan @Selvakumar_IN
CAN ANY OF U TRANSLATE for benefit of Tweeples.\U0001f64f https://t.co/69pSLLmU5b
Yesterday what our Central Government did was a historical mile stone. If you have read the entire notification, it is mentioned there, (that) usually the amount will be paid after deciding in GST Council. But the total amount in the Compensation fund (1/n)
was only about RS.25000 crore and the due for states was about 86000 crore. As per the decisions taken by GST council, they can pay after 3 months or 6 months, or 9 months, as and when the funds are collected in GST pool (Compensation). Still Central Government has paid the (2/n)
balance money (of about 60000+ cr) from its sources and released the dues to the states yesterday. This is first time in the history of GST. As per GST (Mechanism) they will collect the dues (from the tax payers) of GST & Cess (which is over & above GST on selected items). (3/n)
As and when they receive the funds they will distribute the dues to the states. But what our Central Govt did yesterday was phenomenal.When there was no money in GST pool, CG has said that they would pay the entire dues from their sources and settle it. When GST council (4/n)