Punjab finance minister Harpal Singh Cheema raised this concern during the 55th meeting of the GST Council held in Jaisalmer under the chairpersonship of Union finance minister Nirmala Sitharaman
Punjab finance minister Harpal Singh Cheema was addressing the valedictory function and prize distribution ceremony of the 18th Punjab International Trade Expo being held in Amritsar on Sunday.
Punjab finance minister Harpal Singh Cheema emphasised that the GST Council, as per the Goods and Services (Compensation to States) Act, 2017, has the mandate to recommend extending the compensation period beyond five years
The net GST collection for November this year amounted to ₹2,477.37 crore, up from ₹1,520.55 crore in November 2023, marking an increase of ₹956.82 crore, Punjab finance, planning, excise and taxation minister Harpal Singh Cheema said, adding that the total net GST collection up to November this fiscal is ₹15,392.79 crore, compared to ₹13,955.38 crore during the same period last fiscal, reflecting an increase of ₹1,437.41 crore.
Cheema directed the officers to ensure timely procurement, lifting, and payment to farmers throughout the paddy season, adhering strictly to the deadlines set by the state government