Centre used GST funds elsewhere, violated the law: Comptroller Auditor General

“Audit examination of information in Statements 8, 9 and 13 with regard to collection of the cess and its transfer to the GST Compensation Cess Fund, shows that there was short crediting to the Fund of the GST Compensation Cess collections totalling to Rs 47,272 crore during 2017-18 and 2018-19,” the CAG noted.

from Economy-News-Economic Times https://ift.tt/3mSX7Rp