Delhi Deputy Chief Minister Manish Sisodia on Wednesday met the Union Finance Minister Nirmala Sitharaman to discuss and request for release of Rs 3,642 crore GST compensation.
He also submitted a letter highlighting that GST revenues were under stress due to a general slowdown in the economy.
The meeting was also attended by others states such as Kerala, Rajasthan, Punjab, Madhya Pradesh and Puducherry and concerns regarding GST compensation were presented and discussed.
"Under the Constitution Amendment Bill, states were guaranteed compensation for five years to offset tax revenue shortfall. Delhi has also been facing a decline in GST revenue collections. The net GST collection of Delhi Government from April to November 2019 was Rs 12,687 Crores. The total shortfall to be compensated by Government of India (GoI) is Rs 6,210 crores. Out of this, so far, a compensation of Rs 2,568 crore for April-May and June-July has been received by GNCTD and a shortfall of Rs 3,642 crores remains," read the statement issued by the office of Sisodia.
Earlier this week the Centre said GST collection stood at Rs 1.03 lakh crores for November. "Delhi is due Rs 3,600 crore, and the Government of India is obligated to follow the act, to provide due compensations to the states", said Sisodia.