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Exclusive: GST Network May Borrow From Banks As Dues From Governments Mount
The centre and states together owe GSTN Rs 411 crore in user charges for the ongoing fiscal, a government official said.
13 Oct 2020, 06:16 PM IST
The Goods and Services Tax Network may have to look at bank borrowing to meet its operating expenses as payments due from central and state governments mount.The central government and states together owe GST Network Rs 411 crore in user charges for 2020-21, and some pending payments for financial years 2018-19 and 2019-20, a government official said on the condition of anonymity as details aren’t public.Payments to GSTN—for providin...
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