Finance Minister Nirmala Sitharaman stated that there are no pending Goods and Services Tax (GST) dues, but she highlighted a concern regarding some states that have not submitted their Accountant General’s (AG) reports. Sitharaman emphasized the importance of these reports for a comprehensive understanding of the financial status and compliance of states with GST norms.
While addressing the issue of pending GST dues, Sitharaman assured that the central government has cleared all outstanding payments to the states. This statement aims to provide clarity and alleviate any apprehensions regarding delayed or unpaid dues that might impact state finances.
However, the Finance Minister pointed out a specific challenge – the delay in receiving the Accountant General’s reports from certain states. These reports play a crucial role in evaluating the financial health and adherence to fiscal norms by states. The absence of these reports hampers the government’s ability to make informed decisions and assess the overall compliance of states with GST regulations.
Sitharaman urged the states to expedite thesubmission of their AG reports, emphasizing the need for transparency and cooperation in maintaining the integrity of the GST framework. Timely submission of these reports is essential for efficient governance and effective fiscal management.
In conclusion, while confirming the absence of pending GST dues, Nirmala Sitharaman highlighted the concern over some states not submitting their AG reports. This nuanced situation underscores the ongoing efforts to streamline and strengthen the GST system, emphasizing the collaborative responsibility of both the central and state governments in ensuring a smooth and transparent financial landscape.
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