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Give us balance compensation of state’s CST claim: Haryana tells Centre

Haryana Excise and Taxation Minister Kiran Choudhry on Friday urged the Centre to provide the balance compensation of the state’s Central Sales Tax (CST) claim at the earliest.
 



 

Choudhry said this while speaking in the meeting of Empowered Committee of Finance Ministers of states in New Delhi. The meeting was presided over by the Chairman of the Empowered Committee, Sushil Kumar Modi, and attended by ministers from various states and officers from the central and state governments.

Choudhry said that against the CST claim of Rs 2249.63 crore for the year 2010-11, the state has received only Rs 356 crore. Also, Haryana has filed compensation claim worth Rs 4015.23 crore for previous three years — 2007-08,2008-09 and 2009-10 — but has been paid only Rs 2969.02 crore. Goods and Services Tax (GST) has not yet been introduced and with the CST rate at two per cent, states like Haryana are regularly incurring huge losses, she added.

On the issue of CST compensation, Sushil Kumar Modi indicated that a meeting of National Development Council will be held in New Delhi on October 22, where it was expected that the issue will be taken up with the Union Finance Minister.

Regarding imposition of tax on textile and sugar, Choudhry said that with inflation is at its peak and economy showing signs of sluggishness, any additional tax on textile and sugar — which are items of daily consumption — will further hit the common man.

Source: Indian Express, India,  dated 15/10/2011

 

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