August 28, 2020 at 07:30AM
Even if states choose the first option, which means the revenue gap is not fully bridged this year, their compensation entitlement for this year would be protected but would be paid to them from the cess collected after the five years of GST have lapsed. The borrowing plan is valid for this year only and the GST Council would review the revenue position next fiscal.
from The Financial Express
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